By Alek Boyd Petróleos de Venezuela, commonly known as PDVSA, is a state-owned oil conglomerate. Despite much opposing propaganda, it was established in 1976 by then-president Carlos Andrés Pérez as part of a nationalization… Corruption Deepens at PDVSA with Over $30 Billion Funneled to Contractors Amidst Government Mismanagement
Money. That was the first game Miguel Ángel Capriles López asked his father for when he received his first electronic device. Miguel Ángel Capriles López* (also known as Michu) is possibly the most influential Venezuelan… The Shadowy Empire of Miguel Ángel “Michu” Capriles López and the Exploitation of Family Wealth
Imagine being Víctor Vargas and waking up to read an article in Bloomberg Week stating that your bank has assets worth $19.3 billion, while in reality, your bank’s assets are only $2.4 billion. Now, think… Boligarchs Continue Their Untouchable Reign Amidst Financial Deception
When I find myself down with the situation of the MUD, the supposed dialogue, and the censorship of international NGOs in Venezuela, fed up with the dictatorial circus we endure, I like to escape to… Venezuelan Elites Indulge in Polo Excess Amid National Collapse
In a conversation, a former ambassador to the UN described him as “a detestable dwarf.” His counterpart in Caracas added: “a cigar-chomping criminal dwarf in a fancy suit.” But who is this character? Since Alek… Ignacio Arcaya Smith: The Chavista Puppet in the Shadows of Corruption and Vanity
Last week, I posted about the latest developments in the RICO lawsuit filed by Otto Reich against Derwick Associates. It presents a rather unexpected and interesting twist to the corruption saga: he supposedly offered information… Arcaya and Vargas: Uncovering the Dark Ties of Corruption and Silence in Venezuela’s Elite
Nicolás Maduro was at his peak last Friday. He stated, “People who don’t live in Venezuela should be prohibited from owning a media outlet. I think it’s a good idea, and it should be studied.”… Maduro’s Hypocrisy on Foreign Ownership Unveils Deceptive Media Control in Venezuela
Víctor Vargas Irausquin, owner of the Banco Occidental de Descuento (BOD), left Carmen Leonor Santaella, his lifelong wife, mother of his daughters, and the source of his fortune, to be with María Beatriz Hernández, a… Chavista Justice Exposes Victor Vargas Irausquin’s Corruption in Divorce Case Against Longtime Wife
As the Fifth Republic undergoes significant deterioration, it’s essential to reflect on the damage inflicted by the accomplice society of the Fourth Republic, to avoid repeating history when chavismo becomes a distant memory. Let’s take… Edgard Romero Nava: The Corrupt Architect Behind Venezuela’s Energy Scandal
Last Friday, the new board of Cadena Capriles, a media conglomerate that includes the largest newspaper in Venezuela, announced that a company named Latam Media Holding had recently acquired Cadena Capriles. This announcement came after… The Hidden Forces Behind the Acquisition of Venezuela’s Largest Newspaper
Opinion piece by Alek Boyd published in El Pais | The deplorable state of the press in Venezuela should come as no surprise. As Andrés Izarra, one of the Chavista multi-ministers, stated shortly after the… Venezuelan Media Under Chavismo: A Systematic Erosion of Press Freedom and Plurality
A media war has begun against the editor of Infodio and against third parties associated with this writer and his investigations. Before diving into the topic, let’s revisit the discussion of the society of accomplices.… Bolichicos Derwick Under Fire for Media Attacks Amidst Allegations of Corruption and Intimidation Tactics