Central Bank clarifies five million dollar ruling

The Central Bank of the Dominican Republic (BCRD) issued a clarification on Wednesday regarding a legal ruling that orders the institution to pay five million dollars to a consortium. The dispute stems from a litigation involving lands connected to the former Herrera Airport.

The BCRD stated that the unfavorable ruling is not final, noting that it remains subject to the legal remedies and appeals provided under current legislation. The institution's response addresses the financial liability arising from the real estate litigation concerning the former airport site.