All freedom defenders must welcome Maduro’s arrest as the beginning of a democratic transition process in Venezuela. The economic and political debate often ignores that the Maduro dictatorship weaponised the national oil company to use it as a cash machine to enrich the leaders of the socialist regime and finance the demolition of democratic institutions all over Latin America, creating an international group of allies with the main objective of demolishing US, European, and Latin American democracies from the inside.
Some commentators remove from the economic debate the deliberate collapse of PDVSA, Venezuela’s institutional destruction, and the use of oil as an international political weapon as well as a tool for the personal enrichment of Maduro and his allies. Maduro’s personal wealth is estimated at $3.8 billion. $700 million in assets has already been seized.
Continue reading How Maduro, Cuba and their allies stole Venezuela’s oil wealth.