Message to INFODIO readers: investigative journalism, which is what this site does, takes lots of time. Visiting media looking for a quick run down on Venezuela's gargantuan corruption, have the decency to at least cite the source when plagiarising this site's content without attribution (exhibit Reuters here and here, exhibit Bloomberg here, exhibit OCCRP here). To all readers, do the right thing, the honest thing: support independent investigative journalism, help us expose rampant corruption. Note added 28/06/2021: impostors are using this site's former editor's full name, and a fake email addresses (alek.boyd.arregui@gmail.com) to send copyright infringement claims / take down requests to web hosting companies (exhibit Hostgator). The attempt is yet another effort paid by corrupt thugs to erase information about their criminal activities. Infodio.com has no issues with other websites / journalists using / posting information published here, so long as the source is properly cited.

derwick associates

Derwick kicked out of Petrozamora?

Believing a word coming from official chavista sources is fraught with risk. Since 1999, chavismo has broken one promise after the next and has failed to deliver on everything it said it would. After all, the one thing it did achieve -which is the complete destruction of Venezuela- was never promised, never a campaign slogan, never a party mantra. The alleged rescinding of Gazprombank Latin America's (read Derwick & Putin's people) participation in Petrozamora might just be one of the latest exhibits of chavismo's mendacity.

Elizabeth Holmes verdict: some are more guilty than others Alek Boyd Tue, 01/04/2022 - 06:34

Guess it would be fairly easy to write a feminist critique about guilty verdict, on counts of conspiracy to commit fraud and wire fraud, against Theranos' founder and CEO Elizabeth Holmes. The jury's decision seems particularly harsh, considering main victims here are the bruised egos of the imbecilic investors that fell for Holmes' unbelievable bullshit. Borrowing from her business pitch, a drop of common sense would’ve avoided the embarrassment, but greed springs eternal and Holmes knew how to capitalise on it.

Derwick's Alejandro Betancourt knows die is cast

Video below has gone viral. The context is a London - Madrid commercial flight early this week, in which Derwick Associates' main thug Alejandro Betancourt was identified by a fellow Venezuelan passenger. Betancourt was courteously reminded in Barajas airport that his fate -as that of Alex Saab- is sealed. His body language and facial expressions weren’t that of a multi billionaire at top of his game.

Note to Sweden's Security Service (SAPO): Maduro, Russia's FSB and Derwick Associates control Nynas Alek Boyd Tue, 09/14/2021 - 06:33

Refreshing bit of news out of Sweden this morning: Fredrik Bjorkman reports that Sweden's Security Service (SAPO) has finally taken an interest on the whole 'reorganisation' farce involving Nynas Bitumen. This is great stuff.

Deranged Rudy Giuliani speaks against client Derwick Associates Alek Boyd Thu, 09/02/2021 - 06:20

It doesn't get more embarrassing than this for Rudy Giuliani, does it?

Plagiarism at Reuters isn’t worst thing: corruption legitimation is Alek Boyd Fri, 06/25/2021 - 04:35

To say that I am baffled by Reuters' latest 'special report' on Derwick Associates criminal boss Alejandro Betancourt would be an understatement. It is difficult to understand the sheer dishonesty that moves a so called professional journalist, writing for one of the so called most reputed media companies, and his editors (Paulo Prada and Tom Lasseter), to the extraordinary feat of publishing over 4,000 words without citing a single original source.

Fact checking #OpenLux on Derwick Associates Alek Boyd Fri, 02/12/2021 - 06:30

We have been meaning to dive into #OpenLux, Le Monde's data scrapping exercise at Luxembourg's registry of companies. This site has been keeping track of activities in that principality for a while. In 2016 we exposed Derwick Associates's "diversification" (read money laundering) into Luxembourg's jurisdiction. Yesterday, the Miami Herald and OCCRP reported on #OpenLux findings, however both outlets contain inaccurate information.