Puerto Rico board won’t appeal rejection of its transformation officer for power utility
Revitalization Coordinator Noel Zamot and fiscal board Executive Director Natalie Jaresko (Jaime Rivera/CB)
SAN JUAN – The Financial Oversight and Management Board for Puerto Rico announced Tuesday that it will not appeal the recent U.S. District Court decision to deny the confirmation of Noel Zamot’s appointment as chief transformation officer for the Puerto Rico Electric Power Authority (Prepa).
“While the Board is disappointed by the Court’s ruling,” said Natalie Jaresko, the board’s executive, “we have decided to focus our efforts to transform PREPA through a revised fiscal plan and other tools at our disposal rather than appeal the decision.”
The board announced its intent to appoint Revitalization Coordinator Zamot to the public power utility on Oct. 25.
Related Posts
-
Economic Activity Index drops in start of fiscal yearSmall improvement compared to June, but downward trend continues
- September 22, 2020
-
Resident Commissioner Presents Amendment to extend Puerto Rico’s access to Medicaid fundingFiscal board has yet to approve several Medicaid-funded programs
- September 22, 2020
-
Labs call on Health Insurance Administration to address multiple claimsAssociation of Clinical Laboratories has 'filed complaints to investigate...
- September 22, 2020
-
García Padilla: Rubio Is No Friend of Puerto RicoGovernor Says Rubio's Remarks Confirm he Works for 'Vultures'
- February 26, 2016
-
-
You must be logged in to post a comment Login