Puerto Rico investigates agency execs

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Puerto Rican Justice Department officers are investigating current and former executives of Nazca/Saatchi & Saatchi, San Juan, including Chairman Angel Collado Schwarz, as part of a probe into possible electoral law violations during the 1992 gubernatorial elections. The investigation centers on a $1.8 million debt owed to Nazca by an organization linked to the defeated Popular Democratic Party (called Badillo Saatchi & Saatchi until 1994). Investigators are questioning whether the debt could have violated electoral reporting procedures or whether it was a campaign contribution and fell over legal contribution limits. Collado Schwarz, close to the Popular Democrats' media campaign during the 1992 elections which the Popular Democrats lost, reportedly is declining to cooperate with the investigation, describing it as a politically motivated "witch hunt."

Copyright 1995 Crain Communications Inc.

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