August 8, 2024

A power tycoon, while Venezuela goes dark, brightens his image abroad

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That earlier chapter in Betancourt’s career has drawn scrutiny. U.S. and European authorities have investigated transactions related to some $2 billion in state power plant contracts his company won in Venezuela, projects that energy experts and political opponents of the government say were overpriced and not fulfilled. The existence of those investigations has been reported previously by Reuters and other media. By Angus Berwick. Full Text -> Reuters

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