Privatization at National Park revoked
The Superior Land Court sentenced that investors return to the state 12.5 million square meters of land in the National Park of the East that had been irregularly privatized. The judges annulled the contracts that allotted these to Inversiones Trubia, S.A., property of Spaniards Carlos Sanchez and Andres Lietor, that have been mentioned in the Marbella real estate and corruption scandal in Spain. Reportedly, the Spaniards had agreed to pay US$9.9 million for the property. The shoreline property would have been used for hotel and real estate developments.





Carlos Sanchez was also behind Punta Perla !

More about Carlos Sanchez

Go back | Date: 24 Oct 2009
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