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prima:The State Insurance Fund acknowledges findings of illegality in investments in The Phoenix Fund

Its administrator, Enid Ortiz Rodríguez, said that the current management has implemented the measures suggested by the Comptroller’s Office to prevent the loss of additional funds

August 6, 2026 - 4:37 PM

Enid Ortiz Rodríguez stated that she has implemented most of the corrective measures identified by the Office of the Comptroller of Puerto Rico. (Ramon "Tonito" Zayas)

The administrator of the State Insurance Fund Corporation (CFSE), Enid Ortiz Rodríguez, stated that she has implemented most of the corrective measures identified by the Office of the Comptroller of Puerto Rico (OCPR) in an audit that revealed multiple deficiencies in the management of the investment portfolio between 2019 and 2024, including the loans it granted to The Phoenix Fund.

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