Regulatory authority seeks culprits for error in fuel-price calculation
After admitting they made a mistake in calculating fuel prices last month, officials from the Public Services Regulatory Authority (ARESEP) opened an investigation of 15 employees from the Energy Administration.
The agency wants to determine if the employees are responsible for miscalculating estimated profit margins for fuel vendors, which prompted the reversal of a previous ₡4 decrease in gas prices, set just a few days earlier.
The error resulted not only in the elimination of the price decrease but also prompted a ₡5 increase in the per-liter price of fuel.
The group under investigation was responsible for conducting the price analysis and includes lawyers, economists, accountants, engineers and statisticians.
ARESEP spokeswoman Carolina Mora said that if any of the employees are found guilty, they would face sanctions including dissmisal, as specified by the internal rules of that agency.
Results of the investigation are expected by the end of the month.
You may be interested
Panama says it will enable ‘abandoned’ hospital for Covid-19AFP - September 22, 2020
The Panamanian government said Monday it will enable an unfinished hospital to care for Covid-19 patients. The hospital's construction, the…
Costa Rica coronavirus updates for Monday, September 21Alejandro Zúñiga - September 21, 2020
Costa Rica announced 59 new coronavirus-related deaths since Friday for a total of 745, according to official data released Monday…
President of Legislative Assembly doesn’t see viability of Costa Rica’s IMF proposalAlejandro Zúñiga - September 21, 2020
The president of Costa Rica's Legislative Assembly expressed his displeasure with the Presidency's fiscal measures that are intended to help…