Investor in landfill demands US$300.0M settlement

Santo Domingo.- One of the investors in the landfill contracto, Corp. on Tues. said he notified the Dominican government of the warning of controversial investment in the Dominican Republic, noting that his investment in the Duquesa landfill was illegally expropriated.

The investor, Jamaica national Michael Lee-Chin, said he had notified that the Dominican government’s actions violate his investments, as the CARICOM Free Trade Agreement stipulates, for which he demands a US$300.0 million settlement  to avert going to an international arbitration.

The subpoena has been served to various government agencies, through the Miami based Hogan Lovells LLP , represented by Richard C. Lorenzo.

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