CADECA indicts official journalist Lázaro Manuel Alonso: “You should measure your verb” & More Latest News Here

The opinion of the official journalist Lazaro Manuel Alonso on the sale of foreign currencies in exchange houses (CADECA)published the day before on social networks, provoked an angry reaction from the banking establishment on Wednesday.

After starting Monday the sale of dollars to natural persons in Cubaat a rate of 123.60 Cuban pesos to the US dollar, Alonso said the challenge of the foreign exchange market, as implemented, is the transparency of the process.

Facebook screenshot / Lázaro Manuel Alonso

“It’s not enough for a civil servant to say out loud ‘we have 30,000 dollars or 45,000 euros to sell today’. If we do not implement a mechanism by which these deposits are known to all, in which the operations are auditable by both the institution and the clients, CADECAS will be infamous for the obscurity of its management,” said estimated the journalist.

The procedure of informing aloud of the availability of foreign currency for sale leaves a margin of opacity which could end up affecting customers waiting in a queue that does not guarantee that they can acquire foreign currency, in transactions limited to $100 per person. .

This situation could be “fertile breeding ground for an old company, which for years harvested wheat from the outskirts of stores and wherever they sell something that people need,” Alonso said.

Facebook / CADECA screenshot

Without mentioning its name, CADECA met the opinion of the journalist to reaffirm its seriousness as a company committed to “transparency” and the so-called “Revolution”. Underlining this last commitment, the company assured in capital letters that it was at the “service of the revolution”.

“We have seen with displeasure the personal ‘opinion’ in social networks, on CADECA’s transparency and seriousness in dealing with foreign exchange market operations,” CADECA said in its social networks.

Assuring that they respect personal opinions, the company expressed its displeasure with a violent and threatening tone towards the journalist, whom he recommended to measure his remarks because of his public notoriety.

“Only when that comment comes from someone publicly exposed should it measure our [su] verb, because perhaps unwittingly, it can serve, as happens, unscrupulous enemies who seek to destroy everything that has been built with so much effort,” he said.

As a public and state-owned establishment, CADECA is “subject in all its structures to supervision, internal control and examination by the competent internal and external authorities”, the company said.

In this sense, CADECA has insisted that all its operations be auditable and “maintain the traceability that the national banking system has implemented in the standards and working procedures”.

However, “they also demand bank secrecy, because the enemy of our people is lurking,” the company said in a new twist on the “outside enemy” argument.

Drawing inspiration from the CCP’s propaganda and indoctrination manual, the socialist enterprise assured that “to pretend to a popular examination of the availability of currencies is to pretend to compare the CADECA to a public auction of a market capitalist, where the lack of transparency, the use of committing a crime and illicit enrichment are the practice and the sustenance”.

“The more than a thousand workers and managers of the entity do not accept or agree, with the disrespectful prophecy emanating from personal judgment, or not… we don’t knowCADECA said angrily, dropping the possibility that Alonso’s opinion was not personal, but induced.

The shadow of suspicion that Alonso spoke for third parties continues to be a threat to the journalist, to whom the leadership of Cuban power -the one who manages the currencies of an economy that is becoming more dollarized every day-, let down a notice that stay on your official journalist profile and don’t deviate from the script.

“We are and will be an entity dedicated to the banking business, framed in its corporate purpose, ready to serve the customer, with quality and transparency in its operations, serious in its actions, diligent, respectful, with control and always listening. in the service of the Revolution”, concludes the company

Regarding respect for customers, the statements made this Tuesday by the provincial director of CADECA in Havana speak volumes: “Customers are all happy, calm in their queue.”

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