Identifier
Created
Classification
Origin
09MANAGUA9
2009-01-07 14:46:00
UNCLASSIFIED
Embassy Managua
Cable title:
NICARAGUA: AMCIT PROPERTY CLAIMS MONTHLY UPDATE: DECEMBER 2008
how-toVZCZCXYZ0000 RR RUEHWEB DE RUEHMU #0009/01 0071446 ZNR UUUUU ZZH R 071446Z JAN 09 FM AMEMBASSY MANAGUA TO RUEHC/SECSTATE WASHDC 3587 INFO RUEATRS/DEPT OF TREASURY WASHINGTON DC RUEHZA/WHA CENTRAL AMERICAN COLLECTIVE
UNCLAS MANAGUA 000009
STATE FOR WHA/CEN, EB/IFD/OIA, AND L/CID
STATE ALSO FOR WHA/EPSC
STATE PASS TO USTR
TREASURY FOR INL AND OWH
SIPDIS
E.O. 12958: N/A
TAGS: EINV ECON USTR KIDE NU
SUBJECT: NICARAGUA: AMCIT PROPERTY CLAIMS MONTHLY UPDATE: DECEMBER 2008
SUMMARY
-------
UNCLAS MANAGUA 000009
STATE FOR WHA/CEN, EB/IFD/OIA, AND L/CID
STATE ALSO FOR WHA/EPSC
STATE PASS TO USTR
TREASURY FOR INL AND OWH
SIPDIS
E.O. 12958: N/A
TAGS: EINV ECON USTR KIDE NU
SUBJECT: NICARAGUA: AMCIT PROPERTY CLAIMS MONTHLY UPDATE: DECEMBER 2008
SUMMARY
--------------
1. In December 2008, the Government of Nicaragua (GON) did not
report the resolution of any Embassy registered property claims.
There remain 616 unresolved registered property claims belonging to
293 U.S. citizens in the Embassy's database. To date, the
overwhelming majority of resolutions have involved compensation via
government-issued indemnification bonds ("bonos de pago de
indemnizacion" or BPIs). As of November 30, 2008, the GON had
issued BPIs with a face value of $334,156,014.76 to
Embassy-registered claimants. Since taking office in January 2007,
the Ortega administration has resolved 57 claims, ten of which
during the 2008-2009 waiver year.
NO RESOLUTIONS IN DECEMBER
--------------
2. The GON did not resolve any U.S. citizen claims registered with
the Embassy Property Office in December of the 2008-2009 waiver
year.
STATUS OF AMCIT PROPERTY AS OF 12/31/08
--------------
3. The following is a snapshot of current U.S. citizen property
claims. The Embassy maintains separate databases for claims
registered before and after the July 31, 2005, deadline in the
Consolidated Appropriations Act.
EMBASSY-REGISTERED CLAIMS NUMBER
-------------- --------------
Total Amcits with pending claims 293
Total Amcit claims pending resolution 616
EMBASSY-REGISTERED CLAIMS BY CALENDAR YEAR NUMBER
-------------- --------------
Claims resolved calendar year 2008 47
Claims resolved calendar year 2007 10
Claims resolved calendar year 2006 81
Claims resolved calendar year 2005 126
Claims resolved calendar year 2004 218
Claims resolved calendar year 2003 243
Claims resolved calendar year 2002 125
Claims resolved calendar year 2001 175
Claims resolved calendar year 2000 70
EMBASSY-REGISTERED CLAIMS RESOLVED BY WAIVER YEAR NUMBER
-------------- -------------- --------------
Registered claims resolved so far in 2008-09 10
(waiver year: July 29, 2008 - July 29, 2009)
Registered claims resolved 2007-08 waiver year 42
Registered claims resolved 2006-07 waiver year 34
Registered claims resolved 2005-06 waiver year 86
Registered claims resolved 2004-05 waiver year 187
Registered claims resolved 2003-04 waiver year 214
Registered claims resolved 2002-03 waiver year 183
Registered claims resolved 2001-02 waiver year 160
Registered claims resolved 2000-01 waiver year 142
Registered claims resolved 1999-00 waiver year 77
Registered claims resolved 1998-99 waiver year 156
Registered claims resolved 1997-98 waiver year 204
Registered claims resolved 1996-97 waiver year 145
EMBASSY-REGISTERED CLAIMS UNDER GON CONTROL NUMBER
-------------- --------------
Total Amcit properties under GON control 53
(subject to revision)
GON-held claims resolved 2008-09 waiver year 1
GON-held claims resolved 2007-08 waiver year 1
GON-held claims resolved 2006-07 waiver year 0
GON-held claims resolved 2005-06 waiver year 3
GON-held claims resolved 2004-05 waiver year 16
GON-held claims resolved 2003-04 waiver year 12
GON-held claims resolved 2002-03 waiver year 11
GON-held claims resolved 2001-02 waiver year 26
GON-held claims resolved 2000-01 waiver year 2
GON-held claims resolved 1999-00 waiver year 2
GON-held claims resolved 1998-99 waiver year 5
GON-held claims resolved 1997-98 waiver year 29
GON-held claims resolved (total) 177
CLAIMS DISMISSED BY GON DURING THE 2007-08
WAIVER YEAR NUMBER
-------------- --------------
MARCH 2008 73
FEBRUARY 2008 21
JANUARY 2008 34
NOVEMBER 2007 18
OTHER CATEGORIES TRACKED
--------------
NUMBER
--------------
DECISION AGAINST U.S. CLAIMANT IN COURT 9
(CLAIM WITHDRAWN BY AMCIT)
CLAIMS WITHDRAWN BY AMCITS 1
(PROPERTY UNDER AMCIT CONTROL)
CLAIMS WITHDRAWN BY AMCITS FOR 1
LACK OF SUPPORTING DOCUMENTS
TOTAL CLAIMS RESOLVED BY LAND SWAPS 6
TOTAL CLAIMS COMPENSATED VIA BONDS 1,902
(face value of bonds $334.15 million)
NON-REGISTERED RESOLUTIONS BY WAIVER YEAR NUMBER
-------------- --------------
Non-registered resolutions 2008-09 waiver year 0
Non-registered resolutions 2007-08 waiver year 6
Non-registered resolutions 2006-07 waiver year 12
Non-registered resolutions 2005-06 waiver year 30
Non-registered resolutions 2004-05 waiver year 0
Non-registered resolutions 2003-04 waiver year 6
Non-registered resolutions 2002-03 waiver year 22
Non-registered resolutions 2001-02 waiver year 93
Non-registered resolutions 2000-01 waiver year 300
Non-registered resolutions 1999-00 waiver year 455
Non-registered resolutions 1998-99 waiver year 310
Non-registered resolutions 1997-98 waiver year 230
Non-registered resolutions 1996-97 waiver year 208
NON-WAIVER CLAIMS REGISTERED AFTER JULY 31, 2005 NUMBER
-------------- --- --------------
Total Amcit claimants registered with Embassy 16
Total Amcit claims pending resolution 22
NON-WAIVER CLAIMS RESOLVED BY CALENDAR YEAR NUMBER
-------------- --------------
Claims resolved in calendar year 2008 1
SANDERS
STATE FOR WHA/CEN, EB/IFD/OIA, AND L/CID
STATE ALSO FOR WHA/EPSC
STATE PASS TO USTR
TREASURY FOR INL AND OWH
SIPDIS
E.O. 12958: N/A
TAGS: EINV ECON USTR KIDE NU
SUBJECT: NICARAGUA: AMCIT PROPERTY CLAIMS MONTHLY UPDATE: DECEMBER 2008
SUMMARY
--------------
1. In December 2008, the Government of Nicaragua (GON) did not
report the resolution of any Embassy registered property claims.
There remain 616 unresolved registered property claims belonging to
293 U.S. citizens in the Embassy's database. To date, the
overwhelming majority of resolutions have involved compensation via
government-issued indemnification bonds ("bonos de pago de
indemnizacion" or BPIs). As of November 30, 2008, the GON had
issued BPIs with a face value of $334,156,014.76 to
Embassy-registered claimants. Since taking office in January 2007,
the Ortega administration has resolved 57 claims, ten of which
during the 2008-2009 waiver year.
NO RESOLUTIONS IN DECEMBER
--------------
2. The GON did not resolve any U.S. citizen claims registered with
the Embassy Property Office in December of the 2008-2009 waiver
year.
STATUS OF AMCIT PROPERTY AS OF 12/31/08
--------------
3. The following is a snapshot of current U.S. citizen property
claims. The Embassy maintains separate databases for claims
registered before and after the July 31, 2005, deadline in the
Consolidated Appropriations Act.
EMBASSY-REGISTERED CLAIMS NUMBER
-------------- --------------
Total Amcits with pending claims 293
Total Amcit claims pending resolution 616
EMBASSY-REGISTERED CLAIMS BY CALENDAR YEAR NUMBER
-------------- --------------
Claims resolved calendar year 2008 47
Claims resolved calendar year 2007 10
Claims resolved calendar year 2006 81
Claims resolved calendar year 2005 126
Claims resolved calendar year 2004 218
Claims resolved calendar year 2003 243
Claims resolved calendar year 2002 125
Claims resolved calendar year 2001 175
Claims resolved calendar year 2000 70
EMBASSY-REGISTERED CLAIMS RESOLVED BY WAIVER YEAR NUMBER
-------------- -------------- --------------
Registered claims resolved so far in 2008-09 10
(waiver year: July 29, 2008 - July 29, 2009)
Registered claims resolved 2007-08 waiver year 42
Registered claims resolved 2006-07 waiver year 34
Registered claims resolved 2005-06 waiver year 86
Registered claims resolved 2004-05 waiver year 187
Registered claims resolved 2003-04 waiver year 214
Registered claims resolved 2002-03 waiver year 183
Registered claims resolved 2001-02 waiver year 160
Registered claims resolved 2000-01 waiver year 142
Registered claims resolved 1999-00 waiver year 77
Registered claims resolved 1998-99 waiver year 156
Registered claims resolved 1997-98 waiver year 204
Registered claims resolved 1996-97 waiver year 145
EMBASSY-REGISTERED CLAIMS UNDER GON CONTROL NUMBER
-------------- --------------
Total Amcit properties under GON control 53
(subject to revision)
GON-held claims resolved 2008-09 waiver year 1
GON-held claims resolved 2007-08 waiver year 1
GON-held claims resolved 2006-07 waiver year 0
GON-held claims resolved 2005-06 waiver year 3
GON-held claims resolved 2004-05 waiver year 16
GON-held claims resolved 2003-04 waiver year 12
GON-held claims resolved 2002-03 waiver year 11
GON-held claims resolved 2001-02 waiver year 26
GON-held claims resolved 2000-01 waiver year 2
GON-held claims resolved 1999-00 waiver year 2
GON-held claims resolved 1998-99 waiver year 5
GON-held claims resolved 1997-98 waiver year 29
GON-held claims resolved (total) 177
CLAIMS DISMISSED BY GON DURING THE 2007-08
WAIVER YEAR NUMBER
-------------- --------------
MARCH 2008 73
FEBRUARY 2008 21
JANUARY 2008 34
NOVEMBER 2007 18
OTHER CATEGORIES TRACKED
--------------
NUMBER
--------------
DECISION AGAINST U.S. CLAIMANT IN COURT 9
(CLAIM WITHDRAWN BY AMCIT)
CLAIMS WITHDRAWN BY AMCITS 1
(PROPERTY UNDER AMCIT CONTROL)
CLAIMS WITHDRAWN BY AMCITS FOR 1
LACK OF SUPPORTING DOCUMENTS
TOTAL CLAIMS RESOLVED BY LAND SWAPS 6
TOTAL CLAIMS COMPENSATED VIA BONDS 1,902
(face value of bonds $334.15 million)
NON-REGISTERED RESOLUTIONS BY WAIVER YEAR NUMBER
-------------- --------------
Non-registered resolutions 2008-09 waiver year 0
Non-registered resolutions 2007-08 waiver year 6
Non-registered resolutions 2006-07 waiver year 12
Non-registered resolutions 2005-06 waiver year 30
Non-registered resolutions 2004-05 waiver year 0
Non-registered resolutions 2003-04 waiver year 6
Non-registered resolutions 2002-03 waiver year 22
Non-registered resolutions 2001-02 waiver year 93
Non-registered resolutions 2000-01 waiver year 300
Non-registered resolutions 1999-00 waiver year 455
Non-registered resolutions 1998-99 waiver year 310
Non-registered resolutions 1997-98 waiver year 230
Non-registered resolutions 1996-97 waiver year 208
NON-WAIVER CLAIMS REGISTERED AFTER JULY 31, 2005 NUMBER
-------------- --- --------------
Total Amcit claimants registered with Embassy 16
Total Amcit claims pending resolution 22
NON-WAIVER CLAIMS RESOLVED BY CALENDAR YEAR NUMBER
-------------- --------------
Claims resolved in calendar year 2008 1
SANDERS