Everaldo Puck, Suspended Chairman, SFXCU
"No, we will not appeal. We are just waiting to go back to govern and to administrate the credit union."

Jules Vasquez
"There was an overall breakdown of internal controls. The breakdown of controls is based on deliberate interference by management and the board of directors to override policies and procedures for their benefits."

"The systematic breakdown has been a progression of credit union business. There's no accountability by the general manager who has been at the helm of the institution for over two decades. If these results are publicized or ventilated, it's not a good look for you all."

Everaldo Puck, Suspended Chairman, SFXCU
"Our position is this. It's very difficult for anybody to want to publicize them because they are still questionable."

Jules Vasquez
"Sir, this thing looks like you all were running this thing like a mafia. That is just from these snippets I get. Looks like you all were running it like a mafia."

Everaldo Puck, Suspended Chairman, SFXCU
"I see what you mean, but it's not this present board. It's a past board."

Reporter
"But in the reports that I've been reading, there was not necessarily, in my view, efforts made for proper accountability and transparency. Look at the situation where you have Mr. Dominguez as the general manager there at that credit union, his son managing another branch of the credit union, his son's girlfriend or wife managing another branch of the credit union."

Everaldo Puck, Suspended Chairman, SFXCU
"We did not find it necessary to do away with those employees."

Reporter
"You did not find it necessary to do away, so for you perception and optics in terms of accountability and transparency was not a factor."

Everaldo Puck, Suspended Chairman, SFXCU
"No, their work was very transparent, and in fact, they were very fruitful."

Jules Vasquez
"You all expect that you all will return to the seat of power at the credit union. Is that your expectation at this time?"

Everaldo Puck, Suspended Chairman, SFXCU
"We expect that, yes. It will be a real robbery to extend the administration up to the end of our tenure."