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 Proposes 15% Tax on Certain Foreign Income

Costa Rica has proposed a 15% tax on certain passive income earned abroad, including interest, dividends, rents and capital gains. The measure is not yet law

Costa Rica loses to Haiti 2-0 in another Nations League setback

Costa Rica's national soccer team went to Jamaica last night needing a win, yet it came away with another loss. Haiti beat La Sele...

Remote Osa Eco-Lodge Playa Cativo Joins Small Luxury Hotels of the World

Playa Cativo Lodge, a secluded beachfront retreat on the Golfo Dulce in Costa Rica's Southern Zone, has been admitted into Small Luxury Hotels of...

Costa Rica’s Former Simón Bolívar Zoo Opens for Coffee Day

San José residents will get another chance to walk the grounds of the former Simón Bolívar Zoo on Saturday, October 3, when the site...

Costa Rica Tech Group Unveils Sweeping AI and Blockchain Law Proposal

A newly formed private technology industry group has unveiled a sweeping legislative proposal that would set rules for artificial intelligence, blockchain, digital assets and...

Dollar Rebounds From Record Low but Year-End Could Favor the Colón Again

The dollar hit its highest level since June after a record low, but seasonal inflows could push it back down. Here is what banks are paying.

Costa Rica Flooding Hits More Than 400 Homes After Tropical Wave

More than 400 homes were flooded across Costa Rica over the weekend as Tropical Wave 47 brought heavy rain to several parts of the...

Costa Rica Changes Route 1 Traffic Pattern Near San Ramón

Drivers using Route 1 between the Central Valley and Puntarenas is facing a new traffic pattern today as construction continues around San Ramón. The...

Costa Rica Tourism Loses 20,000 Jobs as Strong Colón Squeezes Small Operators

Costa Rica's tourism sector employs 20,137 fewer people than two years ago, with microbusinesses hit hardest as the strong colón erodes margins.
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel