VZCZCXYZ0001
RR RUEHWEB
DE RUEHMU #1352/01 3101419
ZNR UUUUU ZZH
R 051419Z NOV 08
FM AMEMBASSY MANAGUA
TO RUEHC/SECSTATE WASHDC 3342
INFO RUEATRS/DEPT OF TREASURY WASHINGTON DC
RUEHZA/WHA CENTRAL AMERICAN COLLECTIVE
UNCLAS MANAGUA 001352
STATE FOR WHA/CEN, EB/IFD/OIA, AND L/CID
STATE ALSO FOR WHA/EPSC
STATE PASS TO USTR
TREASURY FOR INL AND OWH
SIPDIS
E.O. 12958: N/A
TAGS: EINV ECON USTR KIDE NU
SUBJECT: NICARAGUA: AMCIT PROPERTY CLAIMS MONTHLY UPDATE: OCTOBER 2008
SUMMARY
-------
1. In October 2008, the Government of Nicaragua (GON) resolved four
Embassy registered property claims, including one under the control
of the National Police. The Embassy's database now consists of 617
unresolved registered property claims belonging to 294 Amcits. To
date, the overwhelming majority of resolutions have involved
compensation via government-issued indemnification bonds ("bonos de
pago de indemnizacion" or BPIs). As of October 31, 2008, the GON
had issued BPIs with a face value of $334,078,811.76 to
Embassy-registered claimants. Since taking office in January 2007,
the Ortega administration has resolved 56 claims, nine during the
2008-2009 waiver year.
EMBASSY REGISTERED CLAIMS RESOLVED IN OCTOBER
---------------------------------------------
2. On October 6, 2008, Attorney General Hernan Estrada provided the
Embassy a copy of the final settlement document or "finiquito"
signed on August, 25, 2008, by U.S. citizen Roberto Perez-Rios. Mr.
Perez-Rios received BPIs worth 134,700 cordobas, approximately
$6,845.59. We have updated our database to reflect this settlement.
Mr. Perez-Rios' property was under the control of the National
Police in the city of Masaya. This is the first Section 527 claim
that the GON has resolved that was under its control during the
2008-09 waiver year.
Type of No. of Type of
Claimant Claim Claims Resolution
-------- ------- ------ ----------
Roberto Perez-Rios Lot 1 bonds
3. On October 23, 2008, the legal representative of U.S. claimant
Perla Ordonez provided the Embassy a copy of the finiquito signed on
October 3, 2008. Mrs. Ordonez received BPIs worth 1,293,100
cordobas, approximately $65,716.65, to settle two claims. We have
updated our database to reflect this settlement.
Type of No. of Type of
Claimant Claim Claims Resolution
-------- ------- ------ ----------
Perla Ordonez Lots 2 bonds
4. On October 28, 2008, U.S. claimant Daniza Robleto provided the
Embassy a copy of the finiquito she signed on October 3, 2008. Ms.
Robleto received BPIs worth 604,700 cordobas, approximately
$30,731.46. We have updated our database to reflect this
settlement.
Type of No. of Type of
Claimant Claim Claims Resolution
-------- ------- ------ ----------
Daniza Robleto House 1 bonds
STATUS OF AMCIT PROPERTY AS OF 10/31/08
---------------------------------------
5. The following is a snapshot of current U.S. citizen property
claims. The Embassy maintains separate databases for claims
registered before and after the July 31, 2005, deadline in the
Consolidated Appropriations Act.
EMBASSY-REGISTERED CLAIMS NUMBER
------------------------- ------
Total Amcits with pending claims 294
Total Amcit claims pending resolution 617
EMBASSY-REGISTERED CLAIMS BY CALENDAR YEAR NUMBER
------------------------------------------ ------
Claims resolved calendar year 2008 46
Claims resolved calendar year 2007 10
Claims resolved calendar year 2006 81
Claims resolved calendar year 2005 126
Claims resolved calendar year 2004 218
Claims resolved calendar year 2003 243
Claims resolved calendar year 2002 125
Claims resolved calendar year 2001 175
Claims resolved calendar year 2000 70
EMBASSY-REGISTERED CLAIMS RESOLVED BY WAIVER YEAR NUMBER
--------------------------------------------- ---- ------
Registered claims resolved so far in 2008-09 9
(waiver year: July 29, 2008 - July 29, 2009)
Registered claims resolved 2007-08 waiver year 42
Registered claims resolved 2006-07 waiver year 34
Registered claims resolved 2005-06 waiver year 86
Registered claims resolved 2004-05 waiver year 187
Registered claims resolved 2003-04 waiver year 214
Registered claims resolved 2002-03 waiver year 183
Registered claims resolved 2001-02 waiver year 160
Registered claims resolved 2000-01 waiver year 142
Registered claims resolved 1999-00 waiver year 77
Registered claims resolved 1998-99 waiver year 156
Registered claims resolved 1997-98 waiver year 204
Registered claims resolved 1996-97 waiver year 145
EMBASSY-REGISTERED CLAIMS UNDER GON CONTROL NUMBER
------------------------------------------- ------
Total Amcit properties under GON control 52
(subject to revision)
GON-held claims resolved 2008-09 waiver year 1
GON-held claims resolved 2007-08 waiver year 1
GON-held claims resolved 2006-07 waiver year 0
GON-held claims resolved 2005-06 waiver year 3
GON-held claims resolved 2004-05 waiver year 16
GON-held claims resolved 2003-04 waiver year 12
GON-held claims resolved 2002-03 waiver year 11
GON-held claims resolved 2001-02 waiver year 26
GON-held claims resolved 2000-01 waiver year 2
GON-held claims resolved 1999-00 waiver year 2
GON-held claims resolved 1998-99 waiver year 5
GON-held claims resolved 1997-98 waiver year 29
GON-held claims resolved (total) 177
CLAIMS DISMISSED BY GON DURING THE 2007-08 WAIVER YEAR NUMBER
------------------------------------------ ------
MARCH 2008 73
FEBRUARY 2008 21
JANUARY 2008 34
NOVEMBER 2007 18
NUMBER
------
DECISION AGAINST U.S. CLAIMANT IN COURT 9
(CLAIM WITHDRAWN BY AMCIT)
CLAIMS WITHDRAWN BY AMCITS 1
(PROPERTY UNDER AMCIT CONTROL)
CLAIMS WITHDRAWN BY AMCITS FOR 1
LACK OF SUPPORTING DOCUMENTS
TOTAL CLAIMS RESOLVED BY LAND SWAPS 6
TOTAL CLAIMS COMPENSATED VIA BONDS 1,901
(face value of bonds $334.07 million)
NON-REGISTERED RESOLUTIONS BY WAIVER YEAR NUMBER
----------------------------------------- ------
Non-registered resolutions 2008-09 waiver year 0
Non-registered resolutions 2007-08 waiver year 6
Non-registered resolutions 2006-07 waiver year 12
Non-registered resolutions 2005-06 waiver year 30
Non-registered resolutions 2004-05 waiver year 0
Non-registered resolutions 2003-04 waiver year 6
Non-registered resolutions 2002-03 waiver year 22
Non-registered resolutions 2001-02 waiver year 93
Non-registered resolutions 2000-01 waiver year 300
Non-registered resolutions 1999-00 waiver year 455
Non-registered resolutions 1998-99 waiver year 310
Non-registered resolutions 1997-98 waiver year 230
Non-registered resolutions 1996-97 waiver year 208
NON-WAIVER CLAIMS REGISTERED AFTER JULY 31, 2005 NUMBER
--------------------------------------------- --- ------
Total Amcit claimants registered with Embassy 16
Total Amcit claims pending resolution 22
NON-WAIVER CLAIMS RESOLVED BY CALENDAR YEAR NUMBER
------------------------------------------ ------
Claims resolved in calendar year 2008 1
CALLAHAN