Venezuela arrests bank chief close to government
CARACAS
Sat Dec 5, 2009 11:35pm EST
CARACAS (Reuters) - Venezuela arrested the brother of one of President Hugo Chavez's senior ministers on Saturday, the latest move in a clean-up of the financial system that has closed banks and pointed to corruption close to the government.
Police arrested Arne Chacon Escamillo, president of one of seven small banks seized by the authorities this week, on unspecified charges linked to irregularities in the bank he ran in South America's top oil exporter.
"Chacon Escamillo, the president of Banco Real, was detained in the afternoon of Saturday, November 5, after handing himself in," the attorney general's office said.
The arrest of the banker, whose brother Jesse Chacon has worked with Chavez for nearly twenty years and is now science minister, shows the president clamping down on a new class of businessmen made rich by their connections to the government.
In a turbulent week for Venezuela, the government took control of the seven banks owned by such businessmen, who are known as "Boli-bourgeoise," in reference to Chavez's idol and Venezuela's independence hero Simon Bolivar.
Chavez has sought to calm depositors and investors after he sent Venezuela's bonds and currency tumbling in value this week by twice threatening to nationalize the financial system if banks broke rules.
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Everyone bolt your doors. The Chinese are coming! LOL!!!
ReplyDeleteHe probably just bit the hand that was feeding him. Chavez is a corrupt, immature powermonger.
ReplyDeletejfk was part of the military industrial complex. he started vietnam. after lincoln all the presidents were own by the banks. roosevelt wanted american imperialism, Regan was for the military industrial complex as well. we are facing a storm. but the ammerican people are watching the fake libertarian glenn beck or keith olberman. when the collapse comes the banker will get what they deserve.
ReplyDeletePeople that hate Chavez are victims of the bankster propaganda.
ReplyDeleteWatch the video "The Revolution will not be Televised" and learn how the US/Zionist bankster media liars tried to destroy the man in 2002 but the people rallied for his freedom.
One of the only times in history a people marched on their government and demanded their freedoms back. One of the best films ever made, and true.
The Venezuelean people would have none of the BS. If Americans were only 10% that brave.
JFK wanted peace and out of Vietnam. He also spoke out about the military industrial complex. He was killed, however, when he repealed the Federal Reserve Act. The Rothschild elite went on to destroy and discredit the entire Kennedy clan. How dare they buy into the presidency?
ReplyDeleteWithin hours the puke LBJ restored the Fed via his banker handlers. Also, five years later LBJ worked under his Israeli handlers to attack and (attempt to) sink the USS Liberty in order to frame Eqypt for the attack. Nuke bombers were enroute to Cairo in '67. But because of probably the most herioc individuals in US naval history, the Israelis failed.
Watch the video "Attack on USS Liberty" and learn about what are wonderful friends are really capable of; then put the 9/11 pieces together.
Not extremely difficult to figure out who was behind it. Who Profits? Who gains? A ten year old could figure that one out.
In modern history, the banker sold-out presidents started with LBJ.
The greatest President ever in terms of fighting the banksters by far was Andrew Jackson. His epitaph was "I Beat the Banks". What a stand up guy! I wish that SOB was alive today to see what the banksters finally did to America. He'd cry.
5:14 where are you going and can you save me a seat?
ReplyDeleteTrying to set Chavez as an example is stupid, this man wants absolute power, this is just a dirty trick to gain more power. Venezuela is collapsing, it's run by Chavez' friends no matter how corrupt they are, as long as they are loyal to him. What a nice show he put on with these measures. What an stupid article!!
ReplyDelete5:14 You need to grow up pal. If you can not take the heat, well you know. Do not let the door hit you in the ass on the way out,
ReplyDelete5:14 Like the rat hole you are crawling back to won't collapse also? The government of the crap country you are moving to is not corrupt, right? LOL! Moron.
ReplyDeleteLike 7:17 said..Don't let the door hit you in the ass on the way out! Make sure you destroy your passport or give up your US citizenship so you won't come back!
What is there to stick around for? If I had the means I'd leave this war wongering Empire long ago.
ReplyDelete9:35 Certainly. you are able to drive to the Mexican boarder and cross over and never return. You could try the Canadian boarder also, if they would have you.
ReplyDeleteAll the people with the mentality of "love it or leave it" make me sick. What's wrong, can't take some criticism about your beautifully corrupted apathetic country? Oh you love to mock the sheep but just don't talk about old uncle sam! LOL! Why dont you go back to Europe, you gooof.
ReplyDelete