State bank manager bail upped to $500,000
AFTER over seven months behind bars the former manager of The Caja de Ahorros (CA) Jayson Pastor has been released on $500,000 bail, but is not allowed to leave the country.
Pastor is being investigated along with 15 others for alleged irregularities in the granting of a $9 million loan granted to the consortium HPCP&VContratos in 2012 for the construction of the Amador convention center
The 2nd Appeals court’s ruling comes after an appeal filed by the AntiCorruption Prosecutor against the $90,000bail granted in May by Fourteenth Criminal Court Judge Vilma Urieta .
In that ruling, the court also ordered Pastor not to leave the country.
Pastor has been detained since Oct. 29, 2016 at El Renacer Prison.
Another 15 people are being investigated in the case, including former CA Chairman Riccardo Francolini, who was granted $200,000 bail but who remains detained while the decision is being appealed.
