Judge Orders Quintavalle
To Post Bail Or Go Back
To Jail
Mattero Quintavalle, the
Italian businessman
accused of fraud by his
American investors, has
been ordered by the
Juzgado Penal de Pavas
to pay up ¢150 million
colones (us$303.000) by
not later than April 2
or be back behind bars.
The order was signed by
judge Éricka Chaves this
past Tuesday, rejecting
Quintavalle's request to
eliminate or or lower
his bail.
The judge said that the
the fundamental defense
by Quintavalle to
request a change in the
preventive measures
lacked proof and did not
establish the current
economic situation of
the businessman.
Quintavalle is accused
of alleged financial
intermediation for his
American investors who
say they have lost
us$12.5 million dollars.
Forming part of the
judge's decision was the
opposition by the
investors, who though
their lawyer, Carlos
Ayón, who said that his
clients are firm in
following through with
their action against
Quintavalle. |
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