Mario Brol Samayoa has been convicted of money laundering, tax fraud, special case of tax fraud and customs fraud.
According to investigations by the Prosecutor, Brol Samayoa exported gasoline to countries such as Taiwan, Mexico, Honduras and El Salvador, without paying Value Added Tax (VAT). "Because of this fraud the government failed to receive $91 million," according to the Superintendency of Tax Administration (SAT) ".
The World Environment Center (WEC), in partnership with Wal-Mart Stores, Inc., today announced the launch of a major initiative which aims to increase cleaner production and energy efficiency (CP/EE) practices in two countries, El Salvador and Guatemala.
The project is conducted through the U.S. Department of State funded “Cleaner Production Private Sector Partnerships” project in Central America.
In El Salvador coffee exports have to wait for the incoming government to finalize the appointment of the new executive director of the Salvadoran Coffee Council.
Adding to existing problems in the coffee export sector, which has seen foreign sales decrease by 56% in the fourth month of the year compared to the same period in 2013, the Salvadoran Coffee Council (CSC) is warning of the possibility that exports of the grain will be further hindered by the process of appointing new management, a job of the incoming government.
Salvadoran coffee growers have asked for a review of the rule stating that there arent any alternative measures which provide the same levels of efficiency and coverage.
According to the president of the Association of Coffee Producers (ABECAFE), Carlos Borgonovo, the congressional initiative threatens the quality and quantity of the grain harvest. "At the moment there is no substitute, we would have to order in from an international laboratory," said Borgonovo referring to the chemical endosulfan. This product is used for controlling the coffee berry borer pest.
The extension granted by the bank to 2023, 2024 and 2025 for the payment of the Ficafé quotas has divided the coffee sector.
El Salvador's program for the rescue and reactivation of its coffee plantations, launched last May, seeks to defer repayment of the capital of the Ficafé quotas issued in 2010, 2011 and 2012 until 2023, 2024 and 2025 respectively. Ficafé is a refinancing trust for growers.
Sustainable 70 Acre Coffee Farm, San Ramon, Costa Rica Coffee Estate, development property with 20 titled lots, ready to develop with roads, water and power. Great Location, close to everything. Ideal area for living or developing an ecologically...
CISA Exportadora is a green coffee exporting company based in Nicaragua owned by the Baltodano family who enjoys over 100 years of coffee tradition.
Operates in Nicaragua
Phone: (505) 2270 4414 - (505) 2270 4412
Generates business opportunities by linking supply and demand of goods and services between Central America and the rest of the world.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (506) 225 4786