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Latin America
Showing Original Post only (View all)4 Board Members of Enne Superstores Arrested in Venezuela for Food Hoarding [View all]
Northwestern Venezuela, especially the extreme northwestern state of Zulia, is an anti-Chavez stronghold, noted for its opposition. It borders Colombia to the east and the state of Tachira (another opposition heavy town) to the south. It's an import/export zone with lots of smuggling activities.
Supermarket executives arrested
By Manuel Hernandez Z.
Saturday, 18 May 2013
Company sources confirmed the arrest of William Chacin, Enzo Chacin and two others not identified. The arrest occurred after a subpoena from the Public Ministry. The representatives of the chain remain in custody of the GNB near the Port of Maracaibo
(Picture not showing here)
The arrest of the four executives happened the day after a supervisory committee seized 50 tons of food. (File: Vannyver Viloria)
...
The incident comes a day after officials from Zulia's Ministry of Security and Public Order, and from the Public Ministry and the Institute for the Defense of People's Access to Goods and Services (Indepabis), visited two stores of the chain and seized 50 tons of hoarded food.
...
Noris Marquez, Indepabis regional representative, stated that no fine was imposed on the chain that day but he mentioned Articles 111 and 112 of the Law on Defense of People's Access to Goods and Services (Depabis). He highlighted article114, which states that illegal hoarding shall be punished severely. "The case has been transferred to the criminal branch. There have to be criminal sanctions," he told our newspaper.
Inventory stored
Among the items confiscated on Thursday by the supervisory committee, there were 7,700 liters of oil, 441 sacks of precooked corn flour, six thousand kilos of sugar, 50 boxes of margarine, 12,000 cases of toothpaste and 450 units of bathroom soap bars.
http://www.laverdad.com/economia/27698-detienen-a-directivos-de-supermercado.html
By Manuel Hernandez Z.
Saturday, 18 May 2013
Company sources confirmed the arrest of William Chacin, Enzo Chacin and two others not identified. The arrest occurred after a subpoena from the Public Ministry. The representatives of the chain remain in custody of the GNB near the Port of Maracaibo
(Picture not showing here)
The arrest of the four executives happened the day after a supervisory committee seized 50 tons of food. (File: Vannyver Viloria)
...
The incident comes a day after officials from Zulia's Ministry of Security and Public Order, and from the Public Ministry and the Institute for the Defense of People's Access to Goods and Services (Indepabis), visited two stores of the chain and seized 50 tons of hoarded food.
...
Noris Marquez, Indepabis regional representative, stated that no fine was imposed on the chain that day but he mentioned Articles 111 and 112 of the Law on Defense of People's Access to Goods and Services (Depabis). He highlighted article114, which states that illegal hoarding shall be punished severely. "The case has been transferred to the criminal branch. There have to be criminal sanctions," he told our newspaper.
Inventory stored
Among the items confiscated on Thursday by the supervisory committee, there were 7,700 liters of oil, 441 sacks of precooked corn flour, six thousand kilos of sugar, 50 boxes of margarine, 12,000 cases of toothpaste and 450 units of bathroom soap bars.
http://www.laverdad.com/economia/27698-detienen-a-directivos-de-supermercado.html
In another article about this seizure, Jairo Ramirez, Secretary of Public Safety and Public Order, stated: "The hoarding was of staples such as milk, sugar, flour, rice, cooking oil and margarine, items that were hoarding in quantities above the 20 day supply limit."
Some pictures from this incident





https://www.facebook.com/media/set/?set=a.620856224609363.1073741867.140256176002706&type=1
Thousands of kilos of sugar, hundreds of sacks of precooked cornflour, cooking oil etc no wonder the opposition *cares* so much that common people had to wait 8 hours in line just to get sugar, cornflour and other goods
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4 Board Members of Enne Superstores Arrested in Venezuela for Food Hoarding [View all]
Catherina
May 2013
OP
Over 1000 tons of basic foods seized, 6000 kilos of chicken in downtown Maracaibo (Zulia),
Catherina
May 2013
#4
Very worth the time investigating. Since they won't consider their fellow Venezuelans,
Judi Lynn
May 2013
#5
Video report of the confiscation in the 2 Enne stores. Manufactured "shortages"
Catherina
May 2013
#6
I have to wonder - why would these distributors hoard? I can think of a few reasons.
Flatulo
May 2013
#11
No. If anything, they've demonstrated a staggering level of incompetence about all things monetary.
Flatulo
May 2013
#13
Well, in my relatively uneducated opinion, the government of VZ has taken a decidedly Marxist
Flatulo
May 2013
#15
I'm not an advocate of laissez-faire capitalism, and the European social democracies
Flatulo
May 2013
#21
I think it's more the case that those who've relocated here are less risk-averse and thus less
Flatulo
May 2013
#22
The adjusted GDP closely tracks the price of oil. It's not like they increased their productivity,
Flatulo
May 2013
#25
My initial impressions of Chavez were indeed shaped by mainstream media depictions, and
Flatulo
May 2013
#23
I don't think the state is asking them to pay less. They're allowed to make a profit, but a fair one
Catherina
May 2013
#32
I'm glad you agree that a reasonable profit is not a bad thing. People need some incentive
Flatulo
May 2013
#39
I more or less agree with you on executive compensation and corporate governance.
Flatulo
May 2013
#43
Why do we need stock portfolios? What's wrong with good old-fashioned pension plans?
Catherina
May 2013
#46
Pension plans are great, if you can find them anymore in the private sector. Of course, the
Flatulo
May 2013
#47
Canada has the right idea on medicine. Most of their medicines are under price controls
Catherina
May 2013
#35