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Re: Capt Billy post# 40644

Tuesday, 08/11/2015 3:50:40 AM

Tuesday, August 11, 2015 3:50:40 AM

Post# of 41960
The Preciosa site belongs to the Dominican people.
There is currently a moratorium on salvage lease contracts here in the RD
If this moratorium is ever lifted and salvage work is again permitted
The vetting process of a new company and its employees and representatives
will be very stringent. Requiring much in the way of proof of character
and financial wherewithal. The due diligence on such a company and it's people will necessitate
the approval of a team of lawyers and administrators in the way of an oversight
committee.
The standards of ethics will be much greater than they were in the past.
For years this government issued a few leases and the system ran smooth.
With the expansion of leases issued in 2010 and 2011 the quality of the work and the
results diminished with no accountability.
It has shown this government that it can no longer leave an industry such as this one self policed.