Identifier
Created
Classification
Origin
07LIMA59
2007-01-09 20:19:00
UNCLASSIFIED//FOR OFFICIAL USE ONLY
Embassy Lima
Cable title:
LETOURNEAU RECEIVES FINAL INTEREST PAYMENT
how-toVZCZCXYZ0000 RR RUEHWEB DE RUEHPE #0059 0092019 ZNR UUUUU ZZH R 092019Z JAN 07 FM AMEMBASSY LIMA TO RUEHC/SECSTATE WASHDC 3551 INFO RUEHBO/AMEMBASSY BOGOTA 4242 RUEHBU/AMEMBASSY BUENOS AIRES 2733 RUEHCV/AMEMBASSY CARACAS 0061 RUEHQT/AMEMBASSY QUITO 0925 RUEHLP/AMEMBASSY LA PAZ JAN SANTIAGO 1035 RUCPDOC/DEPT OF COMMERCE WASHINGTON DC RUEATRS/DEPT OF TREASURY WASH DC RHEHAAA/NATIONAL SECURITY COUNCIL WASHINGTON DC
UNCLAS LIMA 000059
SIPDIS
SIPDIS
SENSITIVE
USTR FOR EEISSENSTAT,BHARMAN,MCARRILLO
COMMERCE FOR 4331/MAC/WH/MCAMERON
TREASURY FOR OASIA/INL
DEPT FOR WHA/AND, WHA/EPSC, EB/TPP/BTA
E.O. 12958: N/A
TAGS: ETRD ECON EINV PGOV PE
SUBJECT: LETOURNEAU RECEIVES FINAL INTEREST PAYMENT
REF: 06 LIMA 2942 AND PREVIOUS
UNCLAS LIMA 000059
SIPDIS
SIPDIS
SENSITIVE
USTR FOR EEISSENSTAT,BHARMAN,MCARRILLO
COMMERCE FOR 4331/MAC/WH/MCAMERON
TREASURY FOR OASIA/INL
DEPT FOR WHA/AND, WHA/EPSC, EB/TPP/BTA
E.O. 12958: N/A
TAGS: ETRD ECON EINV PGOV PE
SUBJECT: LETOURNEAU RECEIVES FINAL INTEREST PAYMENT
REF: 06 LIMA 2942 AND PREVIOUS
1. (SBU) Roy LeTourneau confirmed that he received a final
payment of USD 36,023.36 on January 8, 2007, from the
Peruvian Ministry of Agriculture. He thanked post and the
USG for helping him resolve his dispute (over compensation
for construction of a road from 1954 to 1968),and said he
now considered his case fully closed. Post worked hard to
ensure that the new Garcia Administration honored the
commitment made by the previous Toledo Administration to
LeTourneau.
2. (SBU) LeTourneau received over USD 10 million on July 26,
2006 as a settlement to his dispute. The Toledo
Administration had agreed to resolve this dispute in 2002 as
part of negotiations for USG extension of Andean trade
preferences (ATPDEA). The payment should have been made on
June 30, 2006, so LeTourneau requested interest for the
period July 1-26, 2006, which a Peruvian consulting company
calculated to be just over USD 36,000.
POWERS
SIPDIS
SIPDIS
SENSITIVE
USTR FOR EEISSENSTAT,BHARMAN,MCARRILLO
COMMERCE FOR 4331/MAC/WH/MCAMERON
TREASURY FOR OASIA/INL
DEPT FOR WHA/AND, WHA/EPSC, EB/TPP/BTA
E.O. 12958: N/A
TAGS: ETRD ECON EINV PGOV PE
SUBJECT: LETOURNEAU RECEIVES FINAL INTEREST PAYMENT
REF: 06 LIMA 2942 AND PREVIOUS
1. (SBU) Roy LeTourneau confirmed that he received a final
payment of USD 36,023.36 on January 8, 2007, from the
Peruvian Ministry of Agriculture. He thanked post and the
USG for helping him resolve his dispute (over compensation
for construction of a road from 1954 to 1968),and said he
now considered his case fully closed. Post worked hard to
ensure that the new Garcia Administration honored the
commitment made by the previous Toledo Administration to
LeTourneau.
2. (SBU) LeTourneau received over USD 10 million on July 26,
2006 as a settlement to his dispute. The Toledo
Administration had agreed to resolve this dispute in 2002 as
part of negotiations for USG extension of Andean trade
preferences (ATPDEA). The payment should have been made on
June 30, 2006, so LeTourneau requested interest for the
period July 1-26, 2006, which a Peruvian consulting company
calculated to be just over USD 36,000.
POWERS