“Empresas Fonalledas” … #VendePatria … they aren’t Puerto Rican, they are opportunistic vultures, selling their country to the highest bidder!!
A Puerto Rican businessman spent over $1 million to ensure that a Financial Control Board will operate the island’s economy.
He lives in Puerto Rico. He makes millions in Puerto Rico. He wants a Control Board for one simple reason: because he owns $23 million in Puerto Rico bonds.
Jaime Fonalledas
A LOBBYING GIANT
In 2015, “Empresas Fonalledas” spent $545,000 on lobbyists, to block any Chapter 9 bankruptcy access for Puerto Rico.
In 2016, Empresas Fonalledas spent another $340,000 to block Chapter 9, and to promote a Financial Control Board.
In 2016 alone, these were the 16 lobbying expenses of Empresas Fonalledas in Washington, D.C.
All 16 were devoted to blocking Chapter 9 bankruptcy, promoting PROMESA, and pushing the Financial Control Board.
https://www.opensecrets.org/orgs/lobby.php?id=D000050533
From 2010 through 2016, the Fonalledas family gave $135,000 to several GOP campaign committees. Here are some of those contributions. They include Rep. Raul Labrador and Rep…
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