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Luis Álvarez Renta (born April 9, 1950) is a Venezuelan economist. Álvarez Renta was found liable by a federal jury in Miami of civil racketeering and illegal money transfers in a conspiracy to loot Baninter bank during its final months of existence in 2003, for which Álvarez Renta was ordered to pay $177 million to Dominican authorities in November 2005.〔( The Free Library )〕 ==Biography== Luis Rafael Álvarez Renta was born in Caracas, Venezuela. His father, Virgilio Álvarez Saviñón, was a renowned and wealthy Dominican engineer who had been forced into exile during the dictatorship of Rafael Leónidas Trujillo in the Dominican Republic. Arriving in Venezuela with twenty dollars and a suitcase, Álvarez Saviñón was able to re-establish his fortune in Venezuela. It was said that in Caracas, "anywhere you looked something had been built by Virgilio Álvarez." His mother, Thelma Renta, was the sister of fashion designer Oscar de la Renta, and a major social figure in the Dominican Republic in her own right. Álvarez Renta studied in Venezuela and the Dominican Republic, eventually earning a full scholarship to a Dominican University. He was also able to study in the United States, attending both the University of Michigan and Washington University in St. Louis. His performance in university did not go unnoticed, and he was offered scholarships for graduate work at both Cornell University in Ithaca, New York, and at the MIT Sloan School of Management in Cambridge, Massachusetts. He attended MIT Sloan and received a Masters in Finance. He would later establish a professorship there. During his early career, Álvarez Renta was offered a number of jobs in the United States. He chose, instead to return to the Dominican Republic. At first, he engaged in the public sector, serving as Sub-Secretary of State for Industry and Commerce, advisor emeritus to the Presidency for Commerce and Finance, and director of CEDOPEX, the oversight agency for Dominican exports. Having completed his work in the public sector, Álvarez Renta opened his own firm, Luis Álvarez Renta & Asociados, an investment banking firm focused on mergers and acquisitions. For the following thirty-three years, Álvarez Renta was known as the "King Midas" of the Dominican Republic, since his deals always made both sides significant amounts of money. Since the financial sector in the region was underdeveloped, he was often on both sides of a deal, as he was one of the only people in the region with the technical expertise required to process major corporate transactions. As such, Álvarez Renta essentially created the marketplace for mergers and acquisitions in the Caribbean region, and became very wealthy in the process. An estimate of his wealth made during his divorce case in 2000 placed it at $148 million, although many believed it to be much more than that at the time. Prior to the Baninter banking scandal, Álvarez Renta had accompanied former Dominican President Hipólito Mejía on many of his trips abroad, and was appointed ambassador to France on April 2, 2003. He decided to accept the appointment as part of his retirement, in order to effect positive change for the country by helping it negotiate a Free Trade Agreement with the European Union. However, after Governor José Lois Malkún of the Central Bank of the Dominican Republic’s announcement that Álvarez Renta was involved in the Baninter debacle, Álvarez Renta resigned the post in order to avoid a dispute between President Mejia and his advisors. In response to the announcement, Álvarez Renta took out full-page advertisements in the press, in which he declared he was innocent of all the charges made by the Central Bank. He also claimed to have ended his dealings with Baninter almost two years before its failure in 2003. Álvarez Renta was the only Dominican businessperson who is mentioned by name in the Central Bank report. The report said that overdrafts and loans totaling RD$3.83 billion were erased at the start of this year in favor of the company Bankinvest, S.A., presided and managed by Luis Álvarez Renta.〔(DR1 Daily News-Short-term ambassadorial stay )〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Luis Álvarez Renta」の詳細全文を読む スポンサード リンク
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