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Article: CENTRAL BANK SELLS HOTEL HISPANIOLA.
- Article from:
- Caribbean Update
- Article date:
- May 1, 2001
CopyrightCOPYRIGHT 2001 Caribbean Update, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Central Bank has sold the Hotel Hispaniola for US$16.5 million (RD$275 million) to Palmeras Dominicanas, a Dominican company presided over by engineer Jose Miguel Neder, and with ties to Minister of Public Works, Miguel Vargas Maldonado, reports Hoy newspaper (March 27, 2001). The newspaper said that the operator of the hotel, Corporacion de ...
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