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 We welcome your suggestions and contributions to make this the 'best' daily news source in Costa Rica! Send your comments to: editor@insidecostarica.com
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Monday 03 February 2003


In Villalobos We Trust!

Sunday afternoon a meeting of Enrique Villalobos Camacho (the Brothers) was held at the Aurola Holiday Inn in downtown San Jose, where about 400 of the 6,000 plus investors attended to hear speakers of the UCCR, the organizer of the meeting, and José Miguel Villalobos (JMV), former Justice Minister in the Pacheco administration, and no relation to Enrique Villalobos.

The organizers were surprised at the number in attendance, commenting that they had feared that only a 100 or so would show.


Investors gathered at the Aurola Holiday Inn to hear members of the UCCR and guest speaker José Miguel Villalobos (JMV), former Justice Minister.

The general mood was positive as many attended to hear facts and not fiction. John Manners and Duke Mosley spoke on behalf of the UCCR sponsored meeting, outlining the agenda for the meeting and a call for everyone to keep the faith, as they strongly believe that once the government backs off, Enrique Villalobos will return to Costa Rica and made good with his investors or "friends".

José Miguel Villalobos (JMV)
, a lawyer and former Minister of Justice until he was fired by President Abel Pacheco, for what he admitted for being outspoken and not giving in to inside political pressures, took the podium to inform those gathered his opinion of the situation.

He outlined that the government had no case or at best a weak one. Being a constitutional lawyer for more than 10 years, he believes that the government acted in bad faith and is exacting a vengeance on Enrique Villalobos (EV) without just cause or merits.

The former Minister outlined his strategy, if he is hired by the group, that is in two parts: commence a legal action against the government and a strong and aggressive media war.

He was very emphatic that the investors have lost the media war and have come to be known as the "3 percenters", a greedy bunch of people who entrusted their money with a criminal.

His plan, if hired, is to pressure the government to put up or shut up. He feels, having reviewed all the documentation on file to date, that the government has no case and is now scrambling to come out of this in one piece. If pressured, he told the group, the case would be dropped and inside of six months or less, EV would be able to return to Costa Rica and make good with debt to the investors.

The meeting followed with a question and answer period, where some investors spoke for the many in the group, asking questions like: what do EV's lawyers think of using the former Justice Minister? How could this help 'our case', would it not drag on for years? What percentage does he (the lawyer) keep for himself of what he gets back?

Tomorrow (Tuesday) we will have most of the questions and answers put to José Miguel Villalobos (JMV), as insidecostarica.com was given permission to tape the speech by the lawyer and used here for all investors, far and near, to read.


José Miguel Villalobos (JMV),
former Justice Minister.


The meeting ended with José Miguel Villalobos (JMV) leaving the room to let the members of the UCCR meet privately to discuss the hiring of his as a lawyer and a plea for money to cover the legal costs, which are set at $300.000 US Dollars, with the first $100.000 paid up front, the second $100.000 paid within months as a second installment and the final $100.000 to be paid when EV returns with the money.

Next: the UCCR plea for money

 

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