NICARAGUA: POST CONFRIMS PROPERTY CLAIM DISPUTE RESOLUTION FOR U.S. CITIZEN JUAN BARRETO AGAINST NOEL PORTOCARRERO (PENDING SECTION 2225 INELIGIBILITY CASE)

UNCLAS MANAGUA 001384

SENSITIVE
SIPDIS
STATE FOR WHA/CEN, L/CID, EEB/IFSD/OIA
STATE FOR CA/VO/L/A
STATE FOR WHA/EPSC
TREASURY FOR INL AND OWH

E.O. 12958: N/A
TAGS: EINV ECON KIDE CVIS CASC NU
SUBJECT: NICARAGUA: POST CONFRIMS PROPERTY CLAIM DISPUTE RESOLUTION FOR U.S. CITIZEN JUAN BARRETO AGAINST NOEL PORTOCARRERO (PENDING SECTION 2225 INELIGIBILITY CASE)

REF: MANAGUA 1256; 02 MANAGUA 877; 02 MANAGUA 601


1. (SBU) Summary: Post requests that the Department remove Colonel
Noel Portocarrero from the Section 2225 visa ineligibility file.
Post has confirmed that Portocarrero resolved his property claim
dispute with U.S. claimant Juan Barreto when the Government of
Nicaragua settled the case on November 19. Mr. Barreto's legal
representative collected the indemnification bonds (BPIs) on
December 18. Please see action request in Paragraph 3.




2. (SBU) On November 19, the Government of Nicaragua settled the
property claim of U.S. citizen Juan Barreto (Ref A). Mr. Barreto
received indemnification bonds (BPIs) with a face value of $3.2
million as compensation for his 28 properties expropriated by the
Nicaraguan Army (Ref B). On December 18, Mr. Barreto's brother and
legal representative, Samuel Barreto, collected the BPIs from the
Ministry of Finance. On December 21, Econoff spoke to Mr. Barreto
who confirmed that he settled his claims and had received the BPIs.
Mr. Barreto lives in New Orleans, Louisiana, and may be contacted
at (504)606-0950 or (504) 866-5536.




3. (SBU) Action Request: Post finds sufficient evidence that the
property dispute between Juan Barreto and Noel Portocarrero has
been resolved (Ref C). Thus, we request the Department consider
removing his name from the Section 2225 visa ineligibility file.
[Note: Portocarrero currently has no Section 2225-related hits in
the CLASS visa lookout database. End Note.]
CALLAHAN