Ecuador Vice President Denies Corruption in Oil Sales to China

By: Karina Martín - Feb 15, 2017, 12:29 pm
Ecuador Vice President Denies Corruption in Oil Sales to China
Jorge Glas said he has been preparing for these attacks. (el mercurio).

EspañolEcuador Vice President Jorge Glas denied corruption allegations made against him, calling them part of a “dirty campaign.”

“They are trying to muddle my administration, which was honest, efficient and changed the country’s history. The people know it and that is why it supports us!” Glas, of the Alianza País party, said on his Twitter.

He showed a document from the Organization of Petroleum Exporting Countries that denied there was a report on losses in the oil negotiations with Petrochina.


“We have not lost US $4 billion or any amount in the international oil negotiations with Petrochina,” he said. “That’s another one of Capaya and Villavicencio’s lies, repeated by Bucaram, without any evidence.”

This came in response to accusations made by presidential candidate for the Ecuador Strength party Abdalla Bucaram Pulley, who said Glas participated in acts of corruption in the sale of oil to companies like Petrochina.

“The President of the Republic (Rafael Correa) was aware of this robbery led by Vice President Jorge Glas, who by executive decree was appointed as the president’s delegate for strategy on Petroecuador‘s board,” Bucaram said.

He cited a a letter signed by Carlos Pareja Yannuzzelli on August 19th, 2008 that told the president they were going to negotiate around US $5 billion in oil, at an average of US $120 million for 365 days. Five companies were allegedly selected, among them Petrochina.

“I am the most audited politician in history,” Glas said, pointing out that the State Comptroller General has conducted two audits on him, his wife and children.

Glas said he has nothing to hide, and added that since he saw these attacks coming, he had requested information from 140 countries, of which 10 have answered that he owns no assets, real estate or companies.

Source: La República; El Universo; El Comercio.

Karina Martín Karina Martín

Karina Martín is a Venezuelan reporter with the PanAm Post based in Valencia. She holds a bachelor's degree in Modern Languages from the Arturo Michelena University.

Behind Venezuelan Vice President Tareck El Aissami’s Drug Trafficking Activities

By: Sabrina Martín - @SabrinaMartinR - Feb 15, 2017, 10:52 am

EspañolIn Venezuela, few were surprised to learn that Vice President Tareck El Aissami and businessman Samark José López Bello were listed on the United States Department of Treasury's list of drug trafficking collaborators to Mexico and the United States. Lopez Bello, 39, is a prominent figure in the food and construction sector, but his name has been associated with an alleged link to under-the-table purchases with the old Capriles chain, which owns several print media outlets in Venezuela. According to US officials, the Vice President is associated with at least a dozen companies that are allegedly part of an interntional drug trafficking network. Here are eight of the most notable: 1)  Alfa One, C.A. (Venezuela). 2) Grupo Sahect, C.A. (Venezuela). 3) MFAA Holdings Limited (Virgin Islands). 4) Profit Corporation, C.A. (Venezuela). 5) Servicios Tecnológicos Industriales, C.A. (Venezuela). 6) SMT Tecnologia, C.A. (Venezuela). 7) Yakima Oil Trading, LLP (United Kingdom). 8) Yakima Trading Corporation (Panama) López Bello's companies offered their services to state-owned companies such as PDVSA, PDVSA Gas and Sidor, among others. Some state agencies, such as the Ministry of Popular Power for Communication and Information (Minci) and Corpoelec, are also reportedly involved. Between 2009 and 2010, López Bello and his company Sahect were identified in a PDVAL case involving 720,000 tons of decomposed food. Investigations in Venezuela never reached conclusions against him. Since February, Tareck's alleged frontman has been the president of a Panamanian company whose main client is state oil company PDVSA. The US Department of Treasury and the FBI opened an investigation that aims to link El Aissami to Hezbollah terrorism in an effort to make it public, according to media sources. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1459522593195-0'); });   Recount On February 8th, at least three dozen US lawmakers urged President Donald Trump to increase pressure on the Venezuelan government and issue sanctions against officials who have been responsible for acts of corruption and human rights violations. Thirty-four lawmakers demanded a thorough investigation involving Venezuelan Vice President Tareck El Aissami for his alleged support of terrorist groups in the Middle East through the issuing of diplomatic passports. An excerpt from the book Búmeran Chávez, written by ABC journalist Emili J. Blasco, asserted that "El Aissami was labeled by United States prosecutors as one of Chávez's main links with Hezbollah." The Washington-based Center for a Secure and Free Society published a paper titled "Canada on Watch: Assessing the Threat of Iran, Venezuela and Cuba to Immigration Security" in 2014; the authors claimed Venezuela issued at least 173 Venezuelan passports to radical Islamists seeking to enter North America. They also claimed that for years, Iranian terrorists have been entering Venezuela with El Aissami's direct assistance.

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