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Corruption in Public Services

1 in 5 cops is likely to rob or kidnap you

Legislative power is completely biased.

The New Bourgeoise

Boliburguesía is a term describing the new bourgeois created by the Venezuelan government of Hugo Chávez and Chavismo, made up of people who became rich under the Chavez administration

Narco-Nephews

Culture of Corruption in Venezuela

Diosdado Cabello

  • 70% of Venezuela's private sector industries were nationalized and almost fully ceased production of resources
  • The increased exportation of the resources has left the country unable of sustaining itself.

Pedro M. Arcaya

With the huge drop in the price of oil, Venezuela’s only major export, the nation’s central bank reported last week that the country’s foreign currency reserves, essential for international trade and debt payments, are at their lowest level in almost 12 years.

Maduro

Hugo Chavez

The government’s complex currency system has led to exorbitant schemes by importers, who wildly inflate the value of goods brought into the country to grab American dollars at rock-bottom exchange rates. Sometimes, they fake the shipments altogether and import nothing at all.

Then they just pocket the dollars that the government provides, or sell some of the money for a gargantuan profit on the soaring black market here for American currency.

Corrupted Countries

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