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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.

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COMMENTS
7 comment(s)
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Written by: gouletcolonial, 16 Jul 2008 7:50 AM
From: United States Virgin Islands, Christiansted.from the bar at the Comanche
yes,but will they be on the golf course tomorrow with the porosity of the jails and the willingness to take bribes of the judiciary I doubt they will be in very long....When the heat dies down they will be released on appeal then they will be hidden away in the basement ....Just like our former president the hippo
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Written by: gouletcolonial, 16 Jul 2008 9:02 AM
From: United States Virgin Islands, Christiansted.from the bar at the Comanche
Will there be a parade of celebrators to follow them to jail
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Written by: Cacique, 16 Jul 2008 10:03 AM
From: Dominican Republic
Megabucks Alvarez Renta to the 'yard'? Hold me, I's faintin' boss!
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Written by: BLANCO, 16 Jul 2008 10:58 AM
From: Dominican Republic
The only problem here is..there are 4 missing, but that's another story
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Written by: GhoulishColon This user is banned, 16 Jul 2008 12:18 PM
From: United States
If only they had Johnny Cochran and other members of the "Dream Team" to defend them .. they would have been out there now .. free men .. robbing other banks ..
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Written by: kokoloco, 16 Jul 2008 12:34 PM
From: Dominican Republic
these people should be ripped of everything they own and be force to give back the $2.5 billions they stold. Most of it is probably hidden in Swiss accounts, but they should be torture untill they reveal the money is found.
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Written by: GhoulishColon This user is banned, 16 Jul 2008 12:47 PM
From: United States
Classify them as "enemy combatants" .. which would then place them in the same league as "terrorists" .. toss them into Gitmo .. let the interrogators do the rest ..
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