Bank scandal investigation widens

THE INVESTIGATION into questionable loans by the government owned Caja  de Ahorros widened on Monday, October 17 with the questioning of Fernando Correa by the First anti-corruption prosecutor.

Correa is a  former member of the board of directors of the bank.

Last week, the first anti-corruption prosecutor ordered the detention of former Board Chairman Riccardo Francolini as part of the investigation, which revolves around loans granted by the bank to the consortium that received the contract to build the Amador convention center.

The consortium, which failed to complete the project, is linked to former Vice President Felipe Virzi, who has yet to be questioned.