InvestorsHub Logo
Followers 91
Posts 7611
Boards Moderated 1
Alias Born 12/26/2009

Re: None

Thursday, 06/15/2017 2:05:36 PM

Thursday, June 15, 2017 2:05:36 PM

Post# of 1343
Trump Asked to Prioritize Compensations in his Cuba Policy

http://www.havanatimes.org/?p=125621
HAVANA TIMES — Republican senator Marco Rubio and Democrat senator Bill Nelson have asked the Trump administration to give priority to compensation to US citizens who lost assets when Fidel Castro nationalized these at the onset of the Revolution.

In a letter sent to Secretary of State, Rex Tillerson, and Treasury Secretary, Steve Mnuchin, which EFE news agency had access to on Tuesday, the abovementioned senators dwelled on the fact that companies run by the Cuban government have benefitted from assets that belong to US citizens.

“The U.S. Foreign Claims Settlement Commission (FCSC) has certified more than 5,900 claims against the Cuban Government for stolen property. These claims — now valued at approximately $8 billion — remain unresolved,” pointed out the senators.