ICE SEIZES COUNTERFEIT GOODS IN OSJ
"Special agents with U.S. Immigration and Customs Enforcement's (ICE)
Homeland Security Investigations (HSI) seized $6.5 million in counterfeit
merchandise Wednesday in Old San Juan with assistance from U.S. Customs
and Border Protection (CBP) and the U.S. Postal Inspection Service...During
the operation, HSI special agents and partner law enforcement officers target-
ed 14 retailers of counterfeit goods infringing on the trademarks of Gucci, Mi-
chael Kors, Prada, Channel, Ray Ban, Coach, Dolce & Gabbana, Oakley, Nike,
Ray Ban and the National Basketball Association. They also executed five sear-
ch warrants. The total manufacturer's suggested retail value (MSRP) of the sei-
zed goods is approximately $6.5 million. First time offenders of violating intell-
ectual property laws were served with a notification of a violation of law. In the
case of reoffenders, HSI will present their cases for prosecution..."
SCIENTISTS OPPOSE LA PARGUERA BILL
"Opposition to Senate Bill 1621, which would permit the permanence of summer
houses illegally constructed on public land on the La Parguera shorefront in Lajas,
is growing as more than 50 experts in oceanography, ecology, geology, planning
and other disciplines related to natural and environmental science signed a letter
directed to Gov. Alejandro García Padilla asking him to veto the bill that was pas-
sed by the Puerto Rico Legislature last week..."
MELBA ACOSTA RESIGNS AS GDB PRESIDENT
From Caribbean Business:
"On Thursday, La Fortaleza announced the resignation of Government Develop-
ment Bank (GDB) President & Chairwoman Melba Acosta, effective July 31. In
her resignation letter dated July 6, she says it is time to refocus her professional
career, after 12 years of public service, three of which took place under the Alej-
andro García Padilla administration...With Acosta’s exit, the GDB would have
four of its seven director posts vacant. Although it didn’t publicly announce it,
La Fortaleza filled on May 17 two vacancies with the appointment of Rafael Vé-
lez Pérez and Carlos Bonilla Agosto..."
PRASA TO START SEEKING EXTERNAL FINANCING
From News Is My Business:
"Puerto Rico Aqueduct and Sewer Authority Executive Director Alberto Lázaro
confirmed Thursday the agency is waiting for the governor to sign the law that
will allow it to pursue external financing to begin talking to creditors next month.
Once the PRASA Revitalization Act is signed, the public corporation will have
the leverage it needs to approach potential creditors for some $900 million in new
funding to cover infrastructure improvements, payments due to contractors and
other expenses, Lázaro said, during the monthly luncheon sponsored by the Ass-
ociated General Contractors..."