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 INFODIO's former editor's full name, and a fake email address (alek.boyd.arregui at 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.

Latest

Venezuela's finance minister comes out of FONDEN closet

For some time Hugo Chavez, his officials and assorted apologists have maintained that FONDEN, meant to be a rainy day/development fund of sorts, had $57 billion. Today the truth has been revealed: Ali Rodriguez, Minister of Finance, has said that the fund had "accumulated" $57.8 billion worth since 2005, of which $44.5 billion have been 'invested."

Hugo Chavez freezes ties with Colombia for the third time over FARC

The first time Hugo Chavez froze relations with Venezuela's second largest commercial partner (Colombia that is, on January 2005), it was due to the capture of one of FARC's leaders Rodrigo Granda, while attending in Caracas one the Bolivarian get-togethers organized by the Venezuelan regime. Granda, a wanted criminal involved in planning and assassinating Cecilia Cubas, daughter of former Paraguayan President Raúl Cubas, had been living in Venezuela and was given citizenship by the Chavez administration.