Tag Archives: Melba Acosta-Febo

FULL STORY: Commission Raises Questions Regarding PR Debt’s Validity

By Gil Hall,  gil@prnewsroundup.com  A Puerto Rican congressional commission tasked with evaluating Puerto Rico’s debt stock released a 31-page report Thursday outlining its preliminary findings. The “Puerto Rico Commission for the Comprehensive Audit of the Public Credit” (PRCCAPC) was created by public law 97-2015, and began its work in January 2016. Its goal was to perform a preliminary legal and …

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PR Draft Financials Released Following PR Senate Hearing

by: gil@prnewsroundup.com Following the intense and somewhat antagonistic questioning of witnesses in the Walmart v. Puerto Rico case in federal court two weeks ago, the Senate of Puerto Rico held a hearing Tuesday to obtain information about the delay of Commonwealth’s 2014 financial statements. Puerto Rico’s creditors and members of the US Congress have been waiting for the Commonwealth to …

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