Discussion:
Venezuela: Alleged graft at iron, steel makers
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jat
2011-06-11 12:12:44 UTC
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http://www.businessweek.com/ap/financialnews/D9NP719O1.htm

Authorities have arrested an executive from Venezuela's state-run steel
and iron companies on suspicion of corruption.

The Prosecutor's Office says military intelligence agents arrested Luis
Salvador Velasquez because he was allegedly involved in the "clandestine
sale of steel reinforcement bars" for use in construction projects.

Velasquez is the president of Orinoco Iron and sales director at
Siderurgica del Orinoco, Venezuela's state-operated steel maker, which
is known as Sidor.

Friday's statement gives no details about the arrest.

Sidor was nationalized by the government of President Hugo Chavez in
2008. Orinoco Iron was nationalized the following year. Both are key to
Chavez's promise to increase home construction.
--
/jat
Knowledge shall make you free
El conocimiento te hará libre
a***@tsyunfeng.com
2016-08-29 06:52:01 UTC
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在 2011年6月11日星期六 UTC+8下午8:12:44,jat写道:
Post by jat
http://www.businessweek.com/ap/financialnews/D9NP719O1.htm
Authorities have arrested an executive from Venezuela's state-run steel
and iron companies on suspicion of corruption.
The Prosecutor's Office says military intelligence agents arrested Luis
Salvador Velasquez because he was allegedly involved in the "clandestine
sale of steel reinforcement bars" for use in construction projects.
Velasquez is the president of Orinoco Iron and sales director at
Siderurgica del Orinoco, Venezuela's state-operated steel maker, which
is known as Sidor.
Friday's statement gives no details about the arrest.
Sidor was nationalized by the government of President Hugo Chavez in
2008. Orinoco Iron was nationalized the following year. Both are key to
Chavez's promise to increase home construction.
--
/jat
Knowledge shall make you free
El conocimiento te hará libre
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