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Latin America

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Bacchus4.0

(6,837 posts)
Thu Apr 18, 2013, 12:46 PM Apr 2013

Venezuela: the wealth of Chavez family exposed [View all]

http://www.telegraph.co.uk/news/worldnews/southamerica/venezuela/9993238/Venezuela-the-wealth-of-Chavez-family-exposed.html

As Venezuela holds its first election following the death of Hugo Chavez, activists accuse the former president's family of amassing huge personal wealth at the nation's expense.

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Here the late-president's family owns 17 country estates, totalling more than 100,000 acres, in addition to liquid assets of $550 million (£360 million) stored in various international bank accounts, according to Venezuelan news website Noticias Centro.

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"It's pure corruption, and Hugo Chavez allowed it all happen.


"They take the money that's intended to help the people, and they put it in their own pockets. They're buying country estates and apartments in the United States while we have nothing".
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