While Venezuelans are coerced, penalized and threatened if they use as much electricity as last year, which is only due to the Government’s incompetence and lack of investment, Chávez lends (???) Cuba US$ 170 million to build a plant in the province of Holguin which will have 175 MW of power and will be interconnected to Cuba’s power grid
Above, letter to Alejandro Andrade, President of Venezuela’s development bank Bandes asking for a 10 million euro payment as part of the “loan” for the power plant in Holguin
Letter with wire instructions for the payment of 10 million euros
Schedule of payments for the year 2010 for building the power plant in Holguin
(Hat tip DR!)