The Central Bank of the Dominican Republic has been asked to explain its decision to accept a bid for cable operator Aster Comunicaciones that was USD17 million below the estimated valuation. According to a report from NexTV LatAm, the Dominican Alliance Against Corruption and the Justice and Transparency Foundation are unhappy that Aster was sold at auction to Consorcio Energetico Punta Cana-Macao (CEPM) for USD27 million when auditing firm KPMG had previously estimated its value at USD44 million
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OVETEL Aster sale price questioned
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