Venezuela is a narcostate, controlled by senior political
leaders and security officials who have used state resources and state-owned
companies in the cocaine trade. For
example, US authorities have gathered documents and eyewitness testimonies
implicating officers of the state-run oil company, Petróleos de Venezuela S.A.
(PDVSA), in engaging in transactions and money laundering on behalf of cocaine
smugglers within the government. Sources also have informed US authorities that
the campaigns of the ruling United Socialist Party of Venezuela have been
financed by drug-smuggling and money-laundering profits. More… 
Friday, August 14, 2015
Let's face it: Venezuela is a narcostate
Venezuela is a narcostate, controlled by senior political
leaders and security officials who have used state resources and state-owned
companies in the cocaine trade. For
example, US authorities have gathered documents and eyewitness testimonies
implicating officers of the state-run oil company, Petróleos de Venezuela S.A.
(PDVSA), in engaging in transactions and money laundering on behalf of cocaine
smugglers within the government. Sources also have informed US authorities that
the campaigns of the ruling United Socialist Party of Venezuela have been
financed by drug-smuggling and money-laundering profits. More… 
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