Thursday, October 22, 2015

Top Venezuelan businessman accused of treason


Lawmakers from Venezuela's ruling Socialist party filed treason charges Wednesday against a prominent billionaire businessman for allegedly seeking an IMF bailout for the recession-ravaged oil giant. Lorenzo Mendoza, head of Venezuelan food and beverage empire Empresas Polar, could face decades in prison if convicted of the charges, which include conspiracy and "usurpation of state functions." The charges were filed with prosecutors by 101 lawmakers from the 167-seat National Assembly, said deputy Pedro Carreno of the United Socialist Party of Venezuela (PSUV), as he presented the document.The complaint is based on a leaked phone call between Mendoza and Venezuelan economist Ricardo Hausmann that was aired a week ago on a TV program hosted by the speaker of the National Assembly, Diosdado Cabello. More…

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