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False Publicity of Banah Sugar 2303xh luis sabbagh
Submitted 2014-02-21 19:09:22 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 Cheap NFL Jerseys From China , 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 Cheap NFL Jerseys China , 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, 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 Cheap NFL Jerseys ,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 Cheap Jerseys Wholesale China , 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 million in incentives from
the state, Enterprise Florida promised a better vetting process. But when Perez
failed to disclose his four-year stint in federal prison or the ensuing
probation that ended in 2009, no one at the county or state level apparently
checked into Perez or his company enough to notice. Banah Sugar.
Article From Article Directory Database Guidelines And Techniques To Building A Growing
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July 20, 2013 | Author: Benny Roye | Posted in Business
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