• Costa Rica Coffee Guide

Finnish Government to Investigate Caja Scandal

October 28, 2005

THE Finnish Foreign Ministry hasordered that nation’s police to investigatethe alleged participation of the Finnishbusiness Instrumentarium in the largestcorruption case in the history of CostaRica, the Finnish television station YLEreported.Instrumentarium is accused ofinvolvement in the distribution of commissionsfrom the subsidized $30.5 millionloan Finland gave to the Costa RicanSocial Security System (Caja) in 2001 forthe purchase of medical equipment.The Costa Rican Prosecutor’s Officesuspects that almost $8 million of thisloan was distributed as “commissions”for politicians and public officials, includingex-President Rafael Angel Calderón(1990-1994) and former Caja head EliseoVargas.The Finnish Foreign Ministry orderedthe investigation after the Finnish stationran a report Tuesday night denouncing thealleged participation of Instrumentarium inthe distribution of the commissions.The multinational firm GeneralElectric, owner of Instrumentarium,denied in a statement released yesterdaythat the directors of the Finnish companyhad authorized the payment of these commissions.The Finnish government acts as theguarantor for the loan that was given tothe Caja by way of a fund for developmentcooperation.

You may be interested

Costa Rica unemployment rate drops to 19%
Costa Rica
2539 views
Costa Rica
2539 views

Costa Rica unemployment rate drops to 19%

The Tico Times - March 4, 2021

Unemployment in Costa Rica fell to 19.1% in the moving quarter from November to January. This maintained a downward trend…

Throwback Thursday: 2006 Arenal Volcano lava flows
Arenal
4798 views
Arenal
4798 views

Throwback Thursday: 2006 Arenal Volcano lava flows

The Tico Times - March 4, 2021

Arenal Volcano's July 1968 eruption destroyed three small villages, killed 87 people and wiped out 232 square kilometers of crops…

MOPT warns of higher traffic accidents as measures are eased
Costa Rica
1330 views
Costa Rica
1330 views

MOPT warns of higher traffic accidents as measures are eased

Alejandro Zúñiga - March 4, 2021

The Public Works and Transport Ministry (MOPT) is reminding drivers to follow the rules of the road when traveling this…