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False Publicity of Banah Sugar 2304 luis sabbagh
Submitted 2014-02-18 22:00:50 MIAMI -- Who'd have guessed a lawsuit-laden sugar company run by a
former cocaine trafficker wasn't a great partner for Miami-Dade and Florida
officials?
Hialeah's Banah International Group filed for Chapter 11 bankruptcy Friday, a year after it was approved for $430,000 in tax incentives,
reports the New York Times -- and a year after none of the agencies awarding
such incentives apparently noticed a convicted drug dealer was running the
company, or that it was facing four lawsuits for nonpayment and had been slapped
with an IRS lien.
Instead, when Banah chairman Alexander I. Perez promised to bring almost 300 jobs to a new 300,000-square foot headquarters in
Hialeah, he got help securing both local and state incentives from the county,
its Beacon Council economic development group, and the state's Enterprise
Florida.
The deal was heralded: a street in Hialeah was renamed Banah Sweet Way with Miami-Dade Mayor Carlos Gimenez, Commissioner Rebeca Sosa, and
Hialeah Mayor Carlos Hernandez present. Then-U.S. Rep. David Rivera even gave
Perez a congressional certificate for "outstanding and invaluable service to the
community," reports Miami New Times Customized Arizona Diamondbacks Jersey , the duo posing in Washington, D.C. with Congresswoman Illeana Ros-Lehitinen and Congressman Mario
Diaz-Balart.
But on Friday, Banah reported in Chapter 11 filings that it owes between $1,000,000 and $10,000,000 to 232 people and companies, according
to the Miami Herald, and has just 15 employees. A promised job fair was never
held.
Though officials told the Times that Banah hadn't yet received any of the tax breaks, the misstep is the latest vetting embarrassment for
Enterprise Florida, the public-private economic development arm of the state
that Governor Rick Scott expects to help him deliver on his campaign promises of
job creation. Scott has asked for roughly $300 million in incentives, an
increase from the previous budget of $110 million, just as the group faced
withering questions from lawmakers about whether or not it can justify its own
existence. A report this month by Integrity Florida revealed that Enterprise
Florida has doled out roughly $1.7 billion since its creation in 1995, but has
delivered just 103,544 jobs -- only half of its target, and eight years late. Author Resource:- After the well-publicized bankruptcy of Digital Domain, a Port St. Lucie animation company that received a
whopping $20 milli. Cheap NFL Jerseys China Cheap NFL Jerseys Cheap Jerseys From China
