Swiss Leaks: Venezuela #3 in terms of money with 1138 clients, government official involved(UPDATED)

[Marksman_91]

Last edited Tue Feb 10, 2015, 02:34 PM - Edit history (2)

http://projects.icij.org/swiss-leaks/countries/rankings#money

Basically there are nearly $15 billion in HSBC accounts spread among 1138 clients. In terms of clients, Venezuela is #21 and #3 Brazil with over 8000 clients. This basically means there is more more money among 1138 Venezuelan clients than 8000+ Brazilian clients. What a fucking disgrace...

What's interesting is that Venezuelan state media are not talking about this like at all. Wonder why that would be... Let's hope the names were revealed as well, or are revealed soon.

UPDATE:

http://www.miamiherald.com/news/nation-world/world/americas/venezuela/article9601697.html

The vast majority of the funds appear to be linked to Venezuela’s Treasury Office, which became an HSBC client in 2005. The office held as much as $11.9 billion in the account at one point, according to the ICIJ and reporters who had access to the data. By 2006-2007, however, the office held three accounts with $698 million.

The official listed on that account is Alejandro Andrade, who started off as a bodyguard for the late Venezuelan President Hugo Chávez and rose through the ranks to become National Treasurer from 2007-2010. Andrade was also president of the Economic and Social Development Bank of Venezuela (Bandes) from 2008-2010. During his time at the financial institution, the U.S. Attorney for the Southern District of New York charged four Bandes officials in a kickback scheme that generated $66 million revenue for a Miami brokerage, but Andrade was not named in the suit, according to the ICIJ. Andrade lives in Wellington, Palm Beach County and is said to be a horse aficionado.

[Fred Sanders]

1. Who was first? Who was first! Let me guess! Don't tell me.

Bet the banned and imprisoned Venezuelan Oligarchy and former Banksters and former Masters of the Land are none too pleased to have their illegally gotten wealth stolen from the hardworking taxpayers of Venezuela no longer being available to be used to undermine the socialist worker Revolution still a work in progress.

The world's largest proven world oil reserves in the grubby hands of farmers and university intellectuals, and owned collectively by the....citizens.... what if nothing goes wrong.........??

What if it becomes another Bolivia given the same time and hands off by the usual suspects?

What if Greece becomes Bolivia?

[Marksman_91]

2. I'd argue it's Venezuelan officials who should be worried.

There's a reason why there's no mention of Swiss Leaks in the state-run media. Let's wait till they publish the clients' names.

[Fred Sanders]

3. Not much mention of it in the state run media in America. By "state" in America, I meant corporate state

How about the total mismanagement of those oil reserves by the farmers and professors?

How much land was seized from former land owners and how many fled to, say, Switzerland, or America, after the first free and fair election of socialists to power, and then after the second election of socialists 6 years later?

[Marksman_91]

5. You keep trying to change the subject.

Like I said, Venezuelan state media are not mentioning the leaks at all, just like the US state media isn't reporting much of it either, meaning that both parties don't want anyone to talk about it. Keep trying to defend the indefensible, I'm sure you'll make it real far

[libdem4life]

4. In the Other Americas, as it has been for ever, there are two classes...the filthy rich and the

filthy poor. Those who have mansions, and those who maintain these mansions. We should not be so surprised. The Middle Class was an American social/economic experiment. And one, it seems, that may have run its course, as far as pure democracy and economic vibrancy of the Middle Class as we flirt with Oligarchy and approach Corporatocracy.

[Fred Sanders]

6. Like the filthy rich evil beyond measure folk in Latin America only existed after socialists were elected. History be damned?

[libdem4life]

8. Evil? A bit of an overreaction. There are two classes. Whether a socialist or dictator or

democractic leader And we've been guilty of deposing, aka regime changing, many an unpopular (to us) leader. Way before even Kissinger. It's easier to control a dictator to send our "Foreign Aid" to than The People. Case in Point...Nicaragua and Daniel Ortega...we got rid of him. There are many others.

Not saying that is necessarily the intent, but it is more often than not the reality...like war, that Americans don't want to hear about.

But without a Middle Class, there are pretty much two polarities...Rich and Poor. Increasingly happening here, as well.

[Fred Sanders]

10. I think I have a mathematical formula that works out why Americans and American politics is so ignorant about

history and explaining how a 34% voter turnout being accepted as " the will of the people" is distorting the political power of the 17% of voting citizens who are mentally vulnerable to manipulation through fear, but it is under peer review.

[libdem4life]

11. I'd be interested to read it...sociology is my background...numbers and a theory would be very

helpful.

[Marksman_91]

7. In 15 years under chavismo, the ones who have enriched themselves the most are government officials

Those "filthy rich" are composed mostly of top-ranking figures such as the Cabello family, and not to mention the Chávez family. Like I said, let's wait till the names of these leaks get published. But then again, if something shows up that might incriminate the Ven. government, some here are just gonna say the list is fake.

[libdem4life]

9. You make my point. The government is synonymous with The Rich...certainly not with The People.

The form of government is irrelevant.

[Fred Sanders]

12. Not in Bolivia. Or Greece. Or Iceland. There are exemptions to the rule.

[libdem4life]

14. I was specifically speaking of the Other Americas. Bolivia..see below

Evo Morales is a socialist, but like in America, the Political Head is often hand-tied as a temporary participant. The culture changes little. This is a 2014 study.

"The nation is habitat to countless natural resources, chiefly natural gas. Despite the abundance of natural resources, the nation is more often than not exploited by foreign corporations and by it’s own political elites. The profits from such ventures rarely make it back to the poorer residents, allowing for a widening gap in income inequality.

The rural population which are primarily American Indians are critically malnourished, unable to access adequate health-care, less enrolled in education, and suffer from a lack of infrastructure. Urban areas suffer less from poverty, while rural areas such as Pando and Chuquisaca have the highest rates of poverty. Urban areas are not free of poverty though."

http://borgenproject.org/bolivia-inequality-wealth/

[Fred Sanders]

17. If one were to be a sociology major one would know more than that about the history and economy of Bolivia.

[libdem4life]

18. Please, enlighten me. They have the government/rich...and the people/poor.

It's not rocket science or even sociological information. It's more like history and economics that show they are at the very bottom of the South American economics list, the majority in huts of poverty.

[Fred Sanders]

20. I will do better than enlightenment, here are images of poverty in another nation with huts we know much of:

Better a warm hut than a cold hut, am I right?

[libdem4life]

22. You're too clever for me...have no idea what this means or what it has to do with the conversation.

Which has gone off track from the OP so this is my last post.

Any third world country is just that...mostly poor with a few rich that own everything. But Bolivia is at the bottom. Evo Morales is not a US favorite because he is Socialist and is trying to get some help to the poor. But they don't have much we want anyway, and the other side will win the next time and nothing will significantly change except the title of President.

The Google is your friend for factual information. I gave you one clip and url earlier. Here's another:

"Bolivia

Economy

Despite the importance of its tin, silver, and other mines and its large reserves of natural gas and crude oil, Bolivia is one of the poorest nations in Latin America and still lives by a subsistence economy. A large part of the population makes its living from the illegal growing of coca, the source of cocaine; a government eradication program begun in the late 1990s has depressed the economy in those areas where coca-growing was important."

http://www.infoplease.com/encyclopedia/world/bolivia-economy.html

[Fred Sanders]

23. ******SIGH******

[Fred Sanders]

13. What was it like before Chavez was elected? No filthy rich in government or attached to them, then?

The times before the world's largest proven oil reserves were in multinational oil company ownership?

[Bacchus4.0]

15. There was food in the supermarket and condoms costs less than $100 n/t

[Fred Sanders]

16. So the price for a better supply of bread and milk and soft paper is old school Oligarchic rule? No other options?

[Bacchus4.0]

19. Well, they definitely need a better option than what they have now. its not just the price, its

the availability too.

[COLGATE4]

21. You mean 43 years ago? nt

[Marksman_91]

24. People sure as hell didn't have to do lines for hours to find essential goods

I know this because, well, you know, I actually fucking lived there before Chavez, and also after he came in power, and still have friends and family there as well, and revisit the country every year or so. And crime rate wasn't as bad either.

[Marksman_91]

25. K&R for Update n/t