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PREPA Board Members Resign Over Political Encroachment

Law360 (July 12, 2018, 9:41 PM EDT) -- Leadership at Puerto Rico’s electric power company appears to be in turmoil as a majority of its governing board, including the newly named CEO, resigned from their positions Thursday, saying the task of running the utility continues to be complicated by interference from politicians.

Just a day after the prior head of the Puerto Rico Electric Power Authority resigned amid concerns over his salary, five governing board members told commonwealth Gov. Ricardo Rosselló in a letter that they could not continue in their positions while political...
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