No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveMontealegre Challenges Ortega

Montealegre Challenges Ortega

MANAGUA – After months of a continuous TV smear campaign on official and semiofficial Sandinista television accusing opposition politician Eduardo Montealegre of stealing $600 million in the Negotiable Investment Certificates (CENIs) banking bailout scandal of 2000, Montealegre went on the counteroffensive last week by challenging President Daniel Ortega to hire an international auditing firm to investigate the matter once and for all.

Montealegre, the Liberal Constitutional Party’s candidate for mayor of Managua, said he thinks that Ortega is going to use the accusation – which he calls a lie – as grounds to eliminate him from the mayoral race, as the government cracks down on other minority parties (see story above).

“I am clear that neither your Tax Collection Office (DGI), nor your Comptroller General’s Office, nor your Attorney General’s Office, nor your Prosecutor’s Office, nor your court system will disobey the order that you, President Ortega, have given to condemn me,” he said.

Montealegre, who finished runner-up to Ortega in the 2006 presidential elections, issued this challenge to the president: If the international auditing firm finds Montealegre guilty of stealing money, he’ll spend a month in jail for each million dollars he stole – or up to 50 years. But for each million Montealegre didn’t steal, Ortega would have to reduce his presidential term by one month.Montealegre said he’s giving the president 15-to-1 odds, and that “anyone would accept those.”

Ortega has not addressed the challenge. Montealegre said that if the president doesn’t accept the challenge, the people of Nicaragua will clearly understand that he’s innocent of the Sandinista allegations, which are as of yet unproven in court.

 

Trending Now

Costa Rica Bridges Crisis Deepens with 70 Percent in Poor Condition

Costa Rica's road network faces a critical breakdown, with seven out of 10 bridges in poor condition, according to the latest State of the...

Costa Rica Fans React to World Cup 2026 Elimination

Our national soccer team finished their 2026 World Cup qualifying run with a 0-0 draw against Honduras on Tuesday night. The result put the...

Costa Rica’s Main Airport Braces for Passenger Growth This High Season

Operators at Juan Santamaría International Airport forecast a notable uptick in passenger traffic for the upcoming high season, with projections showing 300,000 more visitors...

Costa Rica Willing to Take In Salvadoran Facing U.S. Expulsion

A senior Costa Rican government official has confirmed that the country remains open to receiving Kilmar Abrego García, a Salvadoran man at the center...

Nighttime Closures Set for Costa Rica Highway This Weekend Amid Overpass Work

Drivers on Costa Rica's busy General Cañas Highway face temporary full closures over three nights starting this Friday as crews install beams for a...

Viral Video Shows Chimpanzee Smoking at Chinese Zoo

A video showing a chimpanzee smoking a cigarette at a zoo in southern China has spread rapidly online, raising concerns about animal welfare and...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica