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Viewing cable 07LIMA59, LETOURNEAU RECEIVES FINAL INTEREST PAYMENT

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Reference ID Created Released Classification Origin
07LIMA59 2007-01-09 20:19 2011-06-02 00:00 UNCLASSIFIED//FOR OFFICIAL USE ONLY Embassy Lima
Appears in these articles:
http://elcomercio.pe
VZCZCXYZ0000
RR RUEHWEB

DE RUEHPE #0059 0092019
ZNR UUUUU ZZH
R 092019Z JAN 07
FM AMEMBASSY LIMA
TO RUEHC/SECSTATE WASHDC 3551
INFO RUEHBO/AMEMBASSY BOGOTA 4242
RUEHBU/AMEMBASSY BUENOS AIRES 2733
RUEHCV/AMEMBASSY CARACAS 0061
RUEHQT/AMEMBASSY QUITO 0925
RUEHLP/AMEMBASSY LA PAZ JAN SANTIAGO 1035
RUCPDOC/DEPT OF COMMERCE WASHINGTON DC
RUEATRS/DEPT OF TREASURY WASH DC
RHEHAAA/NATIONAL SECURITY COUNCIL WASHINGTON DC
UNCLAS LIMA 000059 
 
SIPDIS 
 
SIPDIS 
SENSITIVE 
 
USTR FOR EEISSENSTAT,BHARMAN,MCARRILLO 
COMMERCE FOR 4331/MAC/WH/MCAMERON 
TREASURY FOR OASIA/INL 
DEPT FOR WHA/AND, WHA/EPSC, EB/TPP/BTA 
 
E.O. 12958: N/A 
TAGS: ETRD ECON EINV PGOV PE
SUBJECT: LETOURNEAU RECEIVES FINAL INTEREST PAYMENT 
 
REF: 06 LIMA 2942 AND PREVIOUS 
 
1. (SBU)  Roy LeTourneau confirmed that he received a final 
payment of USD 36,023.36 on January 8, 2007, from the 
Peruvian Ministry of Agriculture.  He thanked post and the 
USG for helping him resolve his dispute (over compensation 
for construction of a road from 1954 to 1968), and said he 
now considered his case fully closed.  Post worked hard to 
ensure that the new Garcia Administration honored the 
commitment made by the previous Toledo Administration to 
LeTourneau. 
 
2. (SBU)  LeTourneau received over USD 10 million on July 26, 
2006 as a settlement to his dispute.  The Toledo 
Administration had agreed to resolve this dispute in 2002 as 
part of negotiations for USG extension of Andean trade 
preferences (ATPDEA).  The payment should have been made on 
June 30, 2006, so LeTourneau requested interest for the 
period July 1-26, 2006, which a Peruvian consulting company 
calculated to be just over USD 36,000. 
POWERS