In another revolutionary milestone, Andorran authorities have frozen the bank accounts of people close to the President of Venezuela Hugo Chavez, including “relatives fairly close to the Venezuelan President” according to the Miami Herald. The action is apparently done at the request of the US Government which tied the Andorran accounts to thousands of millions dollars of “dubious origin and possible links to the financing of terrorism”. According to the Miami Herald report, the accounts have a double link to possible fraudulent activities, first they belong to Politically Exposed Persons (PEP) plus they belong to the close circle of power of the Venezuelan President and they may be linked to terrorism.
Apparently many of these accounts were opened with the aid of “members of the Bolivarian elite, businessmen who with the aid of Hugo Chavez have obtained Government contracts which are not very orthodox”.
Of Course, the fanatics and cheerleaders of the revolution will ignore these signs of corruption (thousands of millions of dollars belonging to the people of Venezuela! Explain that Oliver!), much like the obviated Maletagate, the acquisition of companies by people who ten years ago did not have much money and the freezing of the accounts of the Generals in charge of the military and civilian intelligence services for complicity in drug trafficking.
The Devil's Excrement 
October 6, 2009 at 2:58 pm
[…] no sense, unless the whole point of the issue was to have the revolutionaries recoup their losses from the accounts frozen recently in Andorra. Thus the title “An Andorran […]
September 12, 2009 at 9:55 am
Gustavo is on fire today: http://lasarmasdecoronel.blogspot.com/2009/09/payaso-asesino-regresa-casa-con.html
September 12, 2009 at 9:32 am
Related: have posted before will remind again… The Venezuelan Information Office (VIO) has been closed. Some employees where transferred to the Venezuelan embassy. The VIO was the brainchild of the one and only Mark Weisbrot (also of Banco del Sur). Obviously the people’s money is getting tight and the VIO was not deemed effective enough to warrant keeping.
September 12, 2009 at 1:32 am
Hello,
My name is Adrian Novac and I’m an editor for the Romanian online newspaper HotNews.ro.
We have been following carefully the events that are taking place in Venezuela right now. I would like to do an interview with you as our readers are very interested in what’s happening in your country. Do you think it’s possible to answer a couple of questions I could send to you?
Thank you very much for your time.
Adrian
P.S. You could use these 2 email: adinovac@yahoo.com, adrian.novac@hotnews.ro
September 11, 2009 at 7:25 pm
You used the word RICO which made me wonder if a whole country could be cited under the Rico Act against Organized Crime? Or perhaps their government owned front companies?
September 11, 2009 at 11:27 am
I wonder if the ALBA MONKEYS…Ortega, Correa, Morales ect…have their pilfered money there as well? lets hope.
September 11, 2009 at 9:54 am
If this really is thousands of millions (translate billions of US$) surely this anywhere else would be enough fuel to bring down any government. I see Globovision has picked up the story.
September 11, 2009 at 9:22 am
I know “la vuelta” money from Maracaibo came to Miami no questions asked. I remember one maracucho 28 years old who deposited $9 million. the first law enforcement action I have seen is recent case of the Hindu. All the accounts still frozen and most if not all money houses have legal representation in the US. The cases are being heard in Boston court.
September 11, 2009 at 9:12 am
Nobody Special, look at the amount of Venezuelan money in the US … Ok so some banks divested their Latam porfolios to European banks. What about all the private jets registered in Delaware? Chavistas and testaferros own half. How do you explain former Chavez generals openly living in Miami and owning businesses? Remember “el gordo” Bermudez? He now lives in Miami. Terrorist golpista Roberto Alfonso (paracachitos) lives in Miami and so does golpista Isaac Perez Recao. Last but not least, the powerful Venezuelan bankers residing in S FLA … those guys are no angels!
September 10, 2009 at 9:29 pm
Concerned, the tanks are for domestic purposes and before Colombia (if ever) there will be Guyana Essequibo.
September 10, 2009 at 3:55 pm
The accounts should have been closed long ago. The individuals involved are officially “Politically Exposed Persons” and under the KYC treaty they should have their accounts flagged and locked YEARS ago.
This isn’t a cause for celebration, it’s another scam.
September 10, 2009 at 2:55 pm
Miguel Octavio: perhaps the commissions will go to suitcases.
September 10, 2009 at 12:58 pm
Concerned et al, you might like this joke currently going around :
‘Mama! Mama! No tenemos nada que comer!’
-hornea al loro! -no hay luz! -frielo! -no hay aceite! -sancochalo! -no hay agua! -asalo! -no hay gas! Y grita el loro: VIVA CHAVEZ NOJODA!!!
September 10, 2009 at 12:32 pm
From Veneconomy:
“(10/09/2009 08:49:53 a.m.) Russia and Venezuela are expected to sign a contract
during Chávez’ two day visit on the delivery of at least 100 T-72 and T-90 battle tanks worth about $500 million, a Russian defense industry source said on Wednesday. Moscow and Caracas could also discuss future deliveries of Russian-made infantry fighting vehicles, the source added.”
While we are talking about money…Another half billion thrown away on Russian surplus. Completely useless in this terrain. Maybe Chavez envisions his tanks (not him) rolling into Colombia as Russia did into Georgia. I would feel sorry for the teanage kids trapped in those rustbuckets if that day ever came. They have probably never seen how anti tank rounds liquify the armour. At least if he were buying submarines, they could be used for smuggling drugs and uranium.
Why can’t he just use the little blue pill and not throw your money away on military toys just to keep an erection? Is there anyone other than Oliver Stone who doesn’t think he is a complete loon?
Well, as I write, the power goes out for the second time today and the 50th time during the last two weeks. At least he has the country’s priorities in order…Not!
September 10, 2009 at 11:57 am
What is bad is that these clowns believe that they are so untouchable that they didn’t try to remove/relocate their wealth when the first hints of corruption and FARC involvement surfaced years ago. They are either increadibly brave or stupid. Chavez has pushed the terrorist sponsor label to the limit, and the assets have been, and are at a very high risk of being frozen. More money than sense.
Maybe these are the investors with little imagination, and may only represent a very small portion of the actual wealth removed from the country. Only the tip of the iceberg.
September 10, 2009 at 11:09 am
But i thought ser rico es ser malo?
September 10, 2009 at 11:03 am
Hope that this is true, and it’s about time!!!!
September 10, 2009 at 10:42 am
At the same time, my brother was just commenting to me on the phone that for small and medium size companies it’s getting more and more difficult to obtain dollars thru Cadivi. Those are the disparities of this Robolutionary regime.
September 10, 2009 at 10:21 am
Full disclosure of names ASAP please
September 10, 2009 at 10:14 am
“miles de millones de dólares ”
not merely “thousands”.