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venezuela

[UPDATED] Guaido & Lopez join Ramirez & Betancourt in Venezuela's inexplicable tale of corruption

UPDATED 15/10/2021 - Juan Guaido, the U.S. Department of State's designated "interim" President of Venezuela is in a bit of a pickle. So is his boss / handler, Leopoldo Lopez. People that claimed to propugn democracy and adhere to its core tenets will know that legitimacy isn't something the State Department can conjure and bestow on others. Legitimacy is something that only democratically elected officials have. When was the last time Juan Guaido won an election? When he did win, that last election, under which system / authority he got elected? How about Lopez?

Venezuela: largest corruption scandal world has never heard of

Every journalist / media outlet out there is partial to its causes. When it comes to corruption, and specifically to graft in resource rich countries, there is little that is not known, that is doesn't form part of an ever evolving narrative particular to the field. Every person remotely acquainted with large scale corruption would have heard (by now) about Russia, Nigeria, DRC, Odebrecht in Brazil, China, Panama Papers, FIFA, Switzerland, London, Daniel Ortega, the Kirchners, HSBC actively helping Mexican narcos launder money, David Cameron and Greensill, Rudy Giuliani, Donald Trump...

U.S. blesses Juan Guaido's use of Venezuela's money Alek Boyd Sat, 04/24/2021 - 02:23

Bloomberg put this out yesterday: "Guaido approved the release of $152 million, of which about $100 million will be used to buy vaccines through the World Health Organization-backed Covax initiative or other organizations, according to a budget report approved by the National Assembly.

USGAO Venezuela report misses elephant Alek Boyd Tue, 02/09/2021 - 07:06

The U.S. Government Accountability Office (USGAO) released a report yesterday, "Additional Tracking Could Aid Treasury's Efforts to Mitigate Any Adverse Impacts U.S. Sanctions Might Have on Humanitarian Assistance", which found that "Despite U.S.

Are politics dictating DoJ's actions? Raul Gorrin exhibit Alek Boyd Fri, 12/18/2020 - 05:02

When Raul Gorrin was a friend...Raul Gorrin is a thug. No question about it. But in the ecosystem of Venezuelan thuggery, he's not, by any stretch, the biggest, meanest, worst of them all.

DoJ charges Claudia Diaz Guillen / Adrian Velasquez with money laundering. How about Swiss bankers? Alek Boyd Tue, 11/03/2020 - 11:19

The U.S. Department of Justice (finally) charged Claudia Diaz Guillen and husband Adrian Velasquez with money laundering on 30 October. Diaz Guillen and Velasquez were part of a larger money laundering network that included former head of Venezuela's Treasury Alejandro Andrade, and sidekick and facilitator Raul Gorrin. Andrade is the man who famously pleaded guilty to getting $1 billion worth of bribes.

Nicolas Maduro's antibloqueo law against U.S. sanctions: Corruption made law Alek Boyd Sat, 10/31/2020 - 08:46

Our interpretation of Nicolas Maduro's regime anti U.S. sanctions constitutional law (see pdf below) isn't verbose. In short, Maduro has vested himself with an instrument that does not exist in Venezuela's jurisprudence (constitutional law), cloaks it under ius cogens, to do whatever off-the-books business he sees fit, with whichever entity, local or international, in the most absolute obscurity. No authority in the land is to learn what, when, or how deals under it are done.