Word: vesco
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...happens that $60 million is the most common estimate of how much money Vesco has pumped into the Costa Rican economy, most of it through the purchase of government bonds. Vesco will not say what else he owns; he is reputed to have invested heavily in industry, agriculture and real estate and to own the tallest office building in the capital city of San José, along with various restaurants, a coffee plantation and interests in newspapers and radio-TV stations. He is known to have sunk more than $2 million into a holding company called San Crist...
...money has not bought Vesco universal popularity. Last December he served as honorary president of a fiesta in Heredia, a provincial capital. But after the newspaper Excelsior (which Vesco is rumored to own) ran pictures of the financier crowning the winner of a beauty contest, the town fathers rebuked the fiesta commission for honoring the infamous exile, and two other dailies published expressions of moralistic indignation from educators and public officials. Vesco's presence is frequently denounced by politicians in opposition to the government of Figueres' successor, Daniel Oduber. Mario Echandi, who served as President from...
...many Costa Ricans feel Vesco has become too important to the country's tiny economy to be kicked out. "To extradite him," sighs an opposition politician, "would mean the extradition of his money too." Indeed, in 1974, under Figueres, Costa Rica rewrote its extradition law to allow the government to veto an extradition demand before it ever reaches the courts. That new statute is popularly known as the "Vesco...
Burly Bodyguards. For his part, Vesco says he has torn up his American passport, but he refuses to make the formal declaration before a consul that is required to renounce U.S. citizenship. "Sure they would like me to walk in there," says Vesco. "There are quite a few cases of U.S. officials kidnaping and torturing people in Latin American countries." Vesco's $500,000 home in a San José suburb is surrounded by high walls with TV cameras mounted atop each corner. He rarely ventures outside without burly bodyguards, who often tote submachine guns. Recently a Vesco entourage...
...Vesco, his wife Patricia and his four oldest children plan to become Costa Rican citizens after they fulfill their five-year residence requirement in mid-1977. They figure their chances for acceptance can only be enhanced by the birth of Son Patrick Francisco-an undisputed Costa Rican citizen-last November. Says Vesco: "I am hopeful that some day the politicians will find something else to play around with, and it will all die down. All we want is to be left alone...