Since the Fiscal Control Board (FCB) was imposed by PROMESA to manage Puerto Rico’s finances over a year ago, some of their members and employees have never disclosed their financial information.<\/p>\n
The only ones who have fully complied with the reporting requirements are Ana Matosantos and the Board’s executive director, Natalie Jaresko.<\/p>\n
Section 109 of PROMESA reads: ‘Regardless of any ethical provisions applicable to the employees of the covered territory, all members and staff of the Financial Oversight Board will be subject to federal conflict of interest and financial disclosure requirements under 18 U.S.C. 208 of the Code of Laws of the United States,’ which means they have to disclose their finances.<\/p>\n
Some days ago(Thursday), the FCB reported that the financial documents of their members had been updated up to December of 2016. The initial reports only covered up to August of 2016.<\/p>\n
Members who have remained silent:<\/p>\n
1- Jos\u00e9 Carri\u00f3n III, FCB chairman<\/p>\n
Submits the longest reports, but without amounts<\/p>\n
Did not reveal incomes earned or asset values in February or July<\/p>\n
Did not include his spouse’s finances either<\/p>\n
Submitted quarterly report in June without amounts, although he did disclose transactions over $1,000<\/p>\n
2- El\u00edas S\u00e1nchez Sifonte, government representative in the FCB<\/p>\n
Did not submit detailed information on his income or assets now or in February<\/p>\n
Neglected to include his spouse’s income<\/p>\n
His reports are not certified by the Board’s Ethics advisor, Andrea Bonime<\/p>\n
3- Jaime El Koury, General Counsel to the FCB<\/p>\n
Has not submitted any information<\/p>\n
4- Ram\u00f3n Ruiz Comas, FCB deputy executive director<\/p>\n
No information regarding amounts for incomes or assets in February or now<\/p>\n
No information for his spouse either<\/p>\n
Reports are not certified by the ethics advisor<\/p>
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