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Mar 15, 2023

SFXCU General Manager Says He is Targeted by Central Bank

In a press conference held on Tuesday, General Manager Rafael Dominguez Senior also spoke with reporters, reiterating the fact that he is being singled out by Central Bank.  On March tenth, the President of the SFXCU Board of Directors wrote to the Registrar of Credit Unions, preceding Tuesday’s press conference.  Here’s more from the embattled general manager.


Rafael Dominguez Sr.

Rafael Dominguez Sr., General Manager, SFXCU

“I want to make it clear that while the Central Bank is pinpointing, I am the target, that the board has facilitated to have paid that money in claims of lawyers fees for the general manager.  That is totally false.  We can provide the media what has been exactly those professional charges that the lawyer has done in services for activities that the board has requested and we have sent that to the Central Bank, but yet they’re assuming that that was monies that was paid for lawyer fees on behalf of the general manager.  So I want to make it clear that that is a false statement coming from the Central Bank.  Nevertheless, we have a responsibility as the members had spoken at the last AGM, we are carrying out a mandate and especially the committees, they are responsible because they have been duly elected by the membership on last June 2022.”

Viewers please note: This Internet newscast is a verbatim transcript of our evening television newscast. Where speakers use Kriol, we attempt to faithfully reproduce the quotes using a standard spelling system.

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