Santo Domingo. - The National District judge in charge of applying sentences confirmed Tuesday that those convicted of embezzlement and money laundering in the Baninter bank fraud case will be sent to Najayo prison (San Cristóbal).
Saulo Ysabel Diaz said Ramon Báez Figueroa, Marcos Báez Cocco and the financier Luis Alvarez Renta, sentenced to 10 years in prison, will be sent to the penitentiary probably today Wednesday. Also convicted was Vivian Lubrano de Castillo (5 years in jail), who was hospitalized Monday.
Ysabel said the three will appear before his Court at noon as agreed with their legal representatives.
As to the incarceration, Prisons director Jose Ignacio Sandoval said the convicts won’t have privileges in the penitentiary. "They’ll be isolated but not with privileges, to prevent being attacked and to try to protect their physical integrity, but not subject to privileges," in a common area, but in different cells.
The Baninter case, a bank collapse of US$2.5 billion, was the biggest in the country’s history and sent the economy into a tailspin in 2003.
