No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveRodrigo Arias managed BCIE funds, docs show

Rodrigo Arias managed BCIE funds, docs show

Former Presidency Minister Rodrigo Arias decided whom to hire, the length of paid government contracts and the amounts for several consultants, according to a widening probe over management of funds by the Central American Bank of Economic Integration (BCIE).

Recently released documents call into question statements Arias made to lawmakers on Aug. 2008, when he stated under subpoena that he only recommended candidates, but that final payment decisions were made by a BCIE fund manager (TT, Feb. 17, 11, 4).

In 2008, BCIE donated $2 million to the Presidency Ministry as part of a program seeking to “enhance governability” in Central America. Opposition leaders at the time claimed it was a means to bypass oversight.

In July 2008, an investigative legislative commission first questioned Arias about which experts and consultants were hired and paid with BCIE funds. Lawmakers also requested a copy of all related paper work, but Arias’ brother, former president Oscar Arias, denied the request.

Almost three years later, the full record of paid consultants was finally released upon President Laura Chinchilla’s request. It paints a different picture than Arias’ original statements.

In several letters sent to BCIE Director

Alfredo Ortuño, Rodrigo Arias determined the names and terms of consultants to be hired.

The services that were under hire lack any type of formal review or supervisory documents.

Arias declined to comment on the matter with the media.

“It’s absolutely not acceptable that a state minister, a person carrying the trust of the people, lie before congress in a formal investigation,” said Manrique Oviedo, legislator of the Citizens Action Party.

Trending Now

Political Campaigns Ramp Up in Costa Rica as Holiday Ban Ends

With the new year underway, Costa Rica's political scene shifts back into high gear. The mandatory holiday truce on campaigning, enforced from December 16...

Costa Rica Completes Route 32 Expansion for Faster Caribbean Travel

Drivers and businesses in Costa Rica now have access to a fully expanded Route 32, after authorities completed the long-awaited four-lane upgrade on December...

Wolverine Star Hugh Jackman Back in Costa Rica

Actor Hugh Jackman touched down in Costa Rica over the weekend, heading straight to the Pacific coast for a quiet vacation. The Australian star,...

Panama’s President Says Crisis with the U.S. Over the Canal Has Ended

Panama’s president, José Raúl Mulino, said on Friday that the crisis with the United States is over, after Donald Trump threatened in 2025 to...

Trump Confirms U.S. Strike on Venezuelan Drug Loading Site

President Donald Trump stated that the United States carried out a strike on a Venezuelan facility used for loading drugs onto boats. He described...

Surfing Activism Takes Hold Across Latin America

Surfers and local communities in Peru, Chile, and Ecuador have stepped up efforts to safeguard their coastlines, pushing for laws that protect key surf...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica