Crony Capitalism at Its Most Heartless

Former Venezuelan National Treasurer, Alejandro Andrade, accepted more than $1 billion in bribes while watching his country’s economy disintegrate and its citizens go without food and medicine.

(From PalmBeachPost.com)

A former national treasurer of Venezuela who lives in a 9,000-square-foot Wellington estate has admitted he received more than $1 billion in bribes to allow other business leaders to raid the nation’s coffers, pushing the country into financial chaos, according to federal court papers released Tuesday.

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