Politank granted until mid‑August to present arguments

Economic Development and Commerce Secretary Carlos Ríos Pierluisi By THE STAR STAFF The Department of Economic Development and Commerce (DDEC by its acronym in Spanish) has granted Politank Corp. additional time to present its arguments in response to the $80,000 in administrative fines issued earlier this summer, DDEC Secretary Carlos Ríos Pierluisi confirmed Thursday. The fines — $10,000 for each of eight violations — stem from failures to file annual reports required under the company’s…

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