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brother and he, as members of the Board of Directors, took decisions by
consensus.
There was a direct relationship between the disappearance of “El Gráfico” and
the disappearance of Mr. Carpio Nicolle, because, after his death, the paper
began to decline and to lose credibility. A few months after his father’s death,
the situation of the paper “was deteriorating,” as regards the number of
subscribers and advertisers. It was the sale of advertising that decreased
most rapidly.
The witness stated that it was important to note that the change in the trend
of the profit margin of “El Gráfico” occurred after 1993. The newspaper began
to deteriorate in 1994, because Mr. Carpio Nicolle was closely linked to “El
Gráfico”; everyone knew that he was the owner, since he even signed the
leading articles. In 1995, they put in place a strong promotional strategy that
mitigated the financial crisis experienced by the paper. As of 1994 and 1995,
sales began to decrease slowly and, from 1996 on, the decrease was much
more pronounced. In 1996 and 1997, they faced another financial boycott,
which consisted in the withdrawal of numerous “State announcements,”
following reports in the paper on obstruction, irregularities and obstacles in
the investigation into the perpetrators and masterminds of the murder of Mr.
Carpio Nicolle and the others. It finally closed in 1999.
Before his father died, the newspaper had less loans and debts. In the years
before his death, the debt level was about 67%; it then decreased to 57%
between 1993 and the beginning of 1994. However, it increased rapidly as of
1995, and at one time nearly reached 100%.
His father did not use the newspaper’s resources for his campaign;
consequently, his participation in politics cannot be related to the fall of “El
Gráfico.”
Mr. Carpio Nicolle’s death was totally unexpected, not only for his family but
for all Guatemalan society. Many people attended his funeral. With his
disappearance, the Carpio family assumed a considerable responsibility. As
General Manager, Jorge Carpio Arrivillaga took many decisions; however, it
was his father who took the final decision for the company. Consequently,
with Mr. Carpio Nicolle’s death, Jorge Carpio Arrivillaga felt responsible for
maintaining the patrimony that his father had built up with so much effort and
creativity.
Currently the “El Gráfico” company is inactive. Jorge Carpio Arrivillaga
founded a new newspaper, but he is still carrying debts from “El Gráfico,”
because he had to invest a great deal of money to try and maintain this
patrimony. He therefore had to take out loans with increasingly higher
interest rates, which put the company into debt.
There should be three types of reparation. The first is in the area of political
justice; here, the State should propose to make an exhaustive study of Mr.
Carpio Nicolle’s ideas contained in the 1985 Constitution; to that end, it
should consult those who were deputies in the Assembly that reformed the
Constitution, because it is fair that “history should recognize” his input. Also,
his father’s work should be acknowledged by naming a street, a well, a