Monday, December 03 2012 @ 03:04 PM EST
Contributed by: Don Winner
Vaughan explained that the intervention was born due to the breach of obligations under the money laundering law, deficiencies in the management of the portfolio of loans, and the raising of capital by third parties under conditions that was more favorable to them than the members.
But the manager of the cooperative fears that the goal is to get access to the money in the cooperative to invest in State bonds.
In addition, Vaughan said there was persecution by Ana Giselle Vallarino Roses, the Director of the Panamanian Autonomous Cooperative (IPACOOP), because the cooperative rejected her appointment. (Telemetro)