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Puerto Rico fiscal board provides Justice contact info of official who stepped down

By on March 20, 2019

Fiscal board Executive Director Natalie Jaresko and former Revitalization Coordinator Noel Zamot (Screen capture)

Says department ‘does not have the authority’ to subpoena it and did so voluntarily

SAN JUAN – The Financial Oversight and Management Board for Puerto Rico said Wednesday it voluntarily provided the island’s Justice Department with the contact information of Noel Zamot, its former revitalization coordinator, even though the department does not have authority to subpoena the board.

The fiscal board said it believes several senior officials of the administration of Gov. Ricardo Rosselló already have Zamot’s contact information, which Justice requested of the board Tuesday.

“The nature of Mr. Zamot’s previous duties included close cooperation with the Government,” the board said in its statement.

The FBI and the local Justice Department reportedly want to talk to Zamot because, at an event, he told investors about government attempts to monopolize infrastructure projects. Justice reportedly issued two subpoenas against the board to obtain information on Zamot’s whereabouts.

The  board’s executive director, Natalie Jaresko, has taken over Zamot’s job.

“Although the Department of Justice does not have the authority to issue a subpoena against the Oversight Board, the Oversight Board decided to voluntarily provide the requested information on a confidential basis subject to a full reservation of the Oversight Board’s rights, including the right to challenge any subpoena,” the panel said in a statement.

The board added that it continues its work to improve fiscal transparency and balanced budgets, restore Puerto Rico’s access to capital markets, and attract private capital to the island.

“Those are the priorities the Oversight Board is pursuing in the interest of fostering prosperity for the people of Puerto Rico,” it said.

Puerto Rico fiscal agency director calls for appointment a revitalization coordinator

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