Dominican govt seizes control of newspaper group

The government has taken control of the Dominican Republic’s oldest and most respected newspaper, as its main shareholder was charged in a £1.4bn fraud that bankrupted the Caribbean country’s second largest bank.

The government has taken control of the Dominican Republic’s oldest and most respected newspaper, as its main shareholder was charged in a £1.4bn fraud that bankrupted the Caribbean country’s second largest bank.

Besides confiscating Listin Diario, agents yesterday seized 70 radio stations and four television stations controlled by media baron Ramon Baez Figueroa, who was the main shareholder of Banco Intercontinental.

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