Trial under way in $100 million lawsuit against Venezuela
Source: AP
A federal trial over a $100 million investors' lawsuit against Venezuela includes allegations of fraud, hints of an international criminal conspiracy, and references to diamonds, German junk bonds and a mysterious house fire in Switzerland.
At issue in the 2004 complaint are three-decade old promissory notes issued by a now-defunct government-sponsored Venezuelan bank.
Venezuela has confirmed the debts belonging to an agricultural development bank known as Bandagro are the government's obligations and must be paid, argue attorneys for Skye Ventures in Columbus, where the 2004 purchase of the notes happened.
"This case is straightforward: It's about a bank's refusal to honor a debt," Charles Cooper, a Columbus attorney representing Skye Ventures, wrote in a Jan. 27 court document summarizing investors' arguments.
Read more: http://news.yahoo.com/trial-under-way-100-million-lawsuit-against-venezuela-164045073.html
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and looking to put the nail in the coffin on Venezuela's people-centered reforms.
It is time for all of Latin America to rally behind Maduro because the US will not stop at Venezuela, but will maintain the assault on all left-leaning governments in South America until they are undermined and the rule of right-wing corporatists is returned.
For the life of me, I can't see how people who self-identify as Democrats and liberal would defend the misanthropic bullshit we've always pulled on Latin America - the Monroe Doctrine, racist shit has got to end folks and we need to be letting our elected officials know that it is unacceptable. These people elected the leaders they wanted (it's this thing called "democracy"
and we should do our best to work and have good relations with whomever they've chosen as their leaders.
Otherwise "democracy" doesn't mean a damn thing.
