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.
UPDATED 26/07/2021 - A few days ago a source informed this site that Bitumina Industries Limited had filed for bankruptcy in London. We tweeted about it and put the question to the London Gazette, which kindly came back today with corroboration. What this means is that Nynas largest shareholder (Bitumina's 49.9%) is out of the game.
The problem with Venezuela is which of its realities should be prioritised. It is a country "governed" by a group of people who have a fluid stance with a kind of criminality that would make any government subject to rule of law and independence of institutions collapse. Chavismo's relationship with Colombia's narco terrorist groups (FARC, ELN, etc.) is well documented. Hugo Chavez himself was vociferous about his sympathies with the enemies of the Colombian State, and his successor is not different.
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.
UPDATED 22/06/2021 - 08:10 GMT - This site has seen emails that show that Michael Baer, also known as Michael Philipp Bär or Mike Baer, was seeking capital investment for his MBaer Merchant Bank AG in the U.S. from Francisco D'Agostino in early October 2017. So we went to the Securities and Exchange Commission (SEC) database (EDGAR) to see whether there were any records of Mr Baer, or any of the recent companies he appears associated with.
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