MARCH 25TH - APRIL 1ST,2011 2011 APRIL 8TH - APRIL 15TH,
TURKSAND AND TURKS
E-mail: sun@suntci.com www.suntci.com
Tel: (649) 946-8542 Fax: (649) 941-3281 VOLUME 7 No. 14
$1.00
APRIL 8TH - APRIL 15TH, 2011
Jorge Baca Campodonico while he was being arrested in 2003
By Hayden Boyce Publisher & Editor-in-Chief
A FORMER MINISTER of Government who was charged and convicted in his native Peru on various accounts of high-level corruption, is now one of the chief advisors to the Turks and Caicos Islands Government (TCIG) on tax and revenue matters. The man is Jorge Baca Campodonico, who was Minister of Economy during former President Alberto Fujimori's notoriously corrupt Government in Peru. Peru’s Supreme Court convicted Baca for misappropriating state funds by diverting US$59.4 million from Government money to bail out a private bank, ordered him to repay US$666,000 to the state and barred him from holding public office for three years. Campodonico is one of the European Union (EU) team of experts, who is advising government on how to impose and establish the Value Added Tax (TAX) and other revenue measures. He recently addressed a meeting of the Turks and Caicos Islands Chamber of Commerce in Providenciales. Continued on page 2
Serious accident along Long Bay Road
On Saturday, April 2, an F150 and an F250 met in what some described as a nasty accident along the Long Bay main road in the vicinity of the Miniature Golf Club on Providenciales. The lone occupants of each vehicle received injuries and were taken to the Cheshire Hall Medical Centre, where one of them underwent surgery. Photo shows the mangled remains of both vehicles – the F250 in the foreground the F150 in the background. STORY on page 15 - Photo Vivian Tyson