Today local daily El Universal had its Anniversary edition. Its main topic is the control that the Government has over institutions and how they came about. I recommend it, as it has many interviews with lawyers, economists and politicians some of which are quite enlightening.
Some highlights:
Former Comptroller Eduardo Roche Lander on corruption and the Comptroller’s office:
“Employees of the Comptroller’s Office are rotated each month, so that none of them can complete their work”
“In the whole period of the current comptroller, not once has he presented the reports required by law to the National Assembly”
“In that report he (The comptroller) exonerated all the Government workers who falsified bills, endorsed checks and managed in discretionary fashion public funds”
“The President violated the law in the case of the Macroeconomic stabilization fund (FIEM)”
“More than twelve military facilities were immersed in corruption in the Plan Bolivar 2000 project”
“The extraction of Bs. 2.2 trillion from the FIEM led a group of Venezuelans to sue against the president. Later an additional credit of Bs. 3 trillion to increase the fund was requested, the funds never arrived”
“Venezuela hands over 80 thousand barrels of oil a day to Cuba and the island does not pay a cent fro it”
“The discretionary policy applied at Banco Industrial de Venezuela, the People’s Bank and the women’s bank show the lack of control which weakens the credibility of institutions”
Former Head of the Electoral Council Carlos Delgado Chapellin:
On being part of the advisory council to the CNE: “We recommended that the CNE do not make up those absurd regulations for the recall petition”
“Once I realized that that the CNE was not impartial, that it was building all sorts of obstacles to the will of the electors, I withdrew from the Board”
“The CNE I presided had the peculiar characteristic that the Government would always lose the elections”
Former Head of the Economic Office of the National Assembly Francisco Rodriguez:
“The participation of the private sector gets worse, when the State, besides being a great importer, places products at prices even below production costs, forcing producers or distributors, or commerce to work without earnings, or at a loss. The intention of selling items cheaply should be praised, especially when they are essential items and low income people, but that takes out the space of sector which help to dynamize the economy.”
“What the Government wants is for international reserves to be handed over to it”
Lawyer Roman Duque Corredor:
“There are obvious cases of violations of human rights, not fulfilling public services, no security for citizens, and the People’s Ombudsman has not shown up suggesting possible solutions or denouncing responsibilities”
“During the events of February 27th. and days afterwards, when there were evident violations of human rights, the Peoples’ Ombudsman disappeared”
On public services and the People’s Ombudsman:” He has not proposed the improvement of a single one. Has he been to the identification office? What does he do when a citizen is denied a passport or ID card because he signed the petition? Have they visited any jail, any hospital to see how they work?”
“He has done nothing when Deputy Luis Tazcon has a web page with the data of the petition. He has done nothing when the CNE says that citizens acted with bad faith when they signed the petition.”
Economist Gustavo Garcia:
“The Government is attacking the symptoms and not the causes, the structural reasons that generated capital outflows, like political instability, economic uncertainty and fiscal deficits financed via monetary means haven’t been solved at all”
“In the middle of a great recession inflation was 27%, but if you look at wholesale sale prices, inflation in them reflects 48%”
“The Government traps deposits with a tourniquet, devalues, generates inflation and then issues debt. What it is de facto doing, is expropriating the savings of depositors, you have an inflation rate of 30 to 40% and saving rates don’t reach 10%, you can’t buy dollars and the black market dollar increases in price.”
There is much more in this edition, quite interesting.