ALFONSO ACOSTA P.
alfonso.acosta @ prensa.com
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The Last Days of Coacecss
The announcement of liquidation of the Savings and Credit Cooperative Employees' Social Security Fund (Coacecss) taken by surprise to their depositors.
Dr. Carmen Carrasco, who like other depositors trusted entity to save your money, you got the information reported on Thursday Coacecss calling to inquire about the delay in the payment of interest, due to the freezing of funds of the cooperative.
Carrasco, whose savings are part of the $ 95 million that manages Coacecss deposits, said he has no idea of when you can get the money. "It is the height ... Money is retired. We have not received a penny of interest, "said Carrasco.
The settlement order was issued Coacecss March 21 by the Panama Cooperative Contract (IPACOOP). This occurred after the refusal of a proposed reorganization and financing presented to the board by various cooperative associations.
Coacecss had been operated since June 2012 when the IPACOOP detected a "financial deterioration" in its management, including paying high commissions for referring customers.
NOTE: This is a Google translation from ‘La Prensa’, March 23.
Price Peterson
Hacienda La Esmeralda
Boquete, Panama
tel. (507) 720 3202
Cel. (507) 6677 3442
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