Article: CENTRAL BANK SELLS HOTEL HISPANIOLA.

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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