Corruption in state-owned enterprises: the last direction of the madurist government



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PHOTO: Presidential Press

Nicolas Maduro ended his presidential term on January 10, many of whom are rumors of an arrest, a coup d'état and the end of the dark years of communism in the country. It is true, however, that his chairmanship has been rejected in business conditions, development and services.

Venezuelan daily review

NGO Transparencia Venezuela defines its management as "kleptocration", a system of robbery and corruption, which was installed in 576 state and service companies, threatening the lives of Venezuelans. This is what the media reviews abc.es

The serious thing is that salaries of employees in public companies spend 8.6% of the regular budget of the Venezuelan nation without work. In recent years, these companies have received more than $ 500,000 million, "without counting funds allocated through parafiscal funds," they are bleeding to some revenue entering the country for oil exports.

The Transparencia Venezuela study, which had about 1,300 leaves, lasted two years and had allies from Argentina, Brazil and Mexico. His team of researchers revealed that state companies and ministries are opaque and closed, "do not give data or numbers or allow them to review accounting books."

The group of public companies acquired between the presidencies Hugo Chávez and Nicolás Maduro was negative, bankrupt, insolvent and their balance sheets were red. They were acquired through expropriation, deprivation, nationalization and renationalization.

Anonymous employees

Despite the difficulties of thoroughly investigating and auditing businesses, the NGO managed to make progress with the contribution of anonymous employees. Of the 576 companies, "160 were analyzed from four sectors that affect the quality of life of Venezuelans: agri-food, hydrocarbons, mining and metallurgy and public services. 74.4% represent public complaints about corruption and bad practices."

The group of public companies acquired between the presidencies Hugo Chávez and Nicolás Maduro was negative, bankrupt, insolvent and their balance sheets were red. They were acquired through expropriation, deprivation, nationalization and renationalization.

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