TPA Renews Call for Congressional Investigation into Ana Matosantos After Adoption by Oversight Board of PREPA Fiscal Plan

Grace Morgan

April 23, 2018

For Immediate Release                                                
Contact: Grace Morgan
April 20, 2018

WASHINGTON, D.C. – This week, the Taxpayers Protection Alliance (TPA) called on the Puerto Rico Oversight Board to postpone the vote on the Puerto Rico Energy and Power Authority (PREPA) revised Fiscal Plan given recent revelations of Board Member Ana Matosantos’s significant conflicts of interest and efforts to hide implicating evidence. 

TPA President David Williams warned that: 

“Matosantos’s business affairs and conflicts of interest, which range from a solar energy generation farm to undisclosed ownership of energy companies, represent the sort of corruption and cronyism that has mired Puerto Rico in financial problems for decades. We renew our call for House Speaker Paul Ryan (R-Wisconsin) and House Natural Resources Committee Chairman Rob Bishop (R-Utah) to investigate these issues at play with Ana Matosantos, as this corruption scandal continues to unfold.” 

WIlliams continued, noting efforts by TPA to “monitor the financial mess in Puerto Rico and identify the root causes of fiscal mismanagement. Our organization remains deeply concerned that there has been no leadership from Puerto Rican officials to remedy the situation. With a massive power outage earlier this week, it is clear that Speaker Ryan and Chairman Bishop must take a proactive role in protecting the people of Puerto Rico and taxpayers.”