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Friday, January 29th, 2016  |  USD: Buy 531.29 / Sell 543.92
20 years

Lawmakers call for ethics probe of ICE president

July 4th, 2014 ( Frente Amplio lawmakers are calling for an ethics investigation of the president of the Costa Rican Electricity Institute (ICE), Carlos Obregon.


The move comes after revelations that Obregon and his wife own land whose value was allegedly under-reported for tax purposes.


The property, which is reportedly worth ¢78 million, was under-appraised at ¢30 million, allegedly for tax purposes.


Further still, Obregon later appointed Victor Solis, the man who made the appraisal, as the head of the National Power and Light Company (CNFL).


A decision to investigate the matter has yet to be made.


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  • expatin paradise

    Of course, I don’t know if this guy intentionally under-reported his property’s value, but it is good to see the government go after this type of tax fraud. It is very likely that owners would be unaware of the market value of their property. What really needs to be done is to establish a department of property tax appraisers who are well trained (and polygraph them regularly about abuse of authority) so that self-reporting, even unintentional self-reporting, does not result in such situations. Such a department would clearly pay for itself. Property tax rates are actually very reasonable, so everyone should pay this tax based on full value.

  • Joe1047

    Too bad we can’t get an ethics probe on the lawmakers

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