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Sunday 05 January 2003

Hello Friends,   Very lengthy this time, but grab a cup of coffee, or guaro, and here we go. My "take" on this:

FROM LUIS ENRIQUE VILLALOBOS TO MY CREDITORS


FIRST: In Costa Rica there is no any law whatsoever which forbids a person to acquire a debt in the manner he wishes, with whom he wishes, and up to the amounts he wishes. The above is a reason why, I have never denied that I received money, and I payed my creditors an attractive rate of interest, which I performed in a punctual and honest mannerduring 25 years.   

SECOND: With the same honesty with which I admit the above, I deny, and will always deny that my brother Oswaldo and I, are linked to illicit activities of money laundering or narcotraffic, as has been observed with very bad intentions to the public opinion. Due to our christian believes, we are unable to form part of these delictual networks. I challenge the police and judicial authorities to demonstrate above crimes, since I am sure that they will not find anything which could be
sustainable.   

THIRD: I am concerned about the fact that the judicial process established against me and my brother Oswaldo, employee of the exchange enterprise OFINTER S.A., is so full of anomalies and extremely unfair. For example, it is evident that both of us were already condemned by the press, and by the fiscal with their declarations. The Tribunals of the country, up to today have been absolutely pressured in their decisions by the means, and by the Ministry of Security, up the extreme that they not even resolve the specific points of the injuries presented by my attorneys.   


FOURTH: It provokes displeasure, for example, the inequality of treatment. To prove the above, it is sufficient only one example: the same canadians which are supposedly linked to the illicit activities, had current and savings accounts in dollars and colones in the Banco Nacional and in Banco Proamerica, and these entities did no suffer any violation of domicile, nor the press has informed about the money they had therein. (see the acts of violation of domicile of July the 4th, of 2002)   


FIFTH: It is surprising that there exist officers which are afraid about the fact I payed high monthly rate in dollars, while in Costa Rica there are Banks which charge 3.48% monthly to their debtors of credit cards in dollars, or almost 50 nnually in dollars. With the above charges, they could pay the investors in dollars 2.8% monthly, and still they wouldkeep a part of the money. This armed hand assault to the users of the credit cards is supposedly legal, and nobody cares.   


SIXTH: It is evident that many of my creditors have already received their capital, in some cases up to three times, and that all of them knew the rules of the game when they loaned me the money. Nobody was surprised. Should the pyramid would have existed, the same would have fallen down since many years ago.   


SEVENTH: I wish to make clear that many of the figures which have been reported, about the number of my creditors, names of them, and amounts, are mere suppositions without any fundament in the reality. The important number of enterprises and accounts in the Banks, is normal when a businessman or entity handles high amounts of money. 


EIGHTH: I am engaged with my creditors, and I will try to resolve their problem, always when it is possible. In case I die, or I go to prision, due a behavior which is not a crime, as I have indicated to the Superintendent of Financial Entities, nobody will recover anything. I have the desire and the courage to attend the situation of the creditors if there exist the conditions to do it, and always when it depend upon me. To whom have trusted me, amidst adversity, I renew my gratefulness.
I simply understand those who have been surprised by any lawyers which offer and litigate through the press, to establish juditial actions against me.   


NINTH: I beg God to strength me in these difficult moments. I reiterate that I have received loans of the people, and I always accomplish with my obligations. I have understood that to get indebted is not a crime, and to pay is a value, since I was so taugth, and I paracticed it so, up to the moment in which the authorities forced me not to do it.   


Luis Enrique Villalobos Camacho   

 

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