Luis Álvarez Renta 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
Oscar De La Hoya who was at home watching the Latin Grammy Awards on television, saw De La Hoya escorting another woman, Puerto Rican singer Millie Corretjer, to the show. In 2000, EMI International released "Oscar De La Hoya". The self-titled CD is a Latin pop album with 13 tracks in both English and Spanish, written by Diane Warren and the Bee Gees, and was nominated for a Grammy. On October 5, 2001, De La Hoya married Millie Corretjer. They have two children together: a son, Oscar Gabriel De La Hoya (born December 29, 2005), and a daughter, Nina Lauren Nenitte De La Hoya