What do they all have in common?
Capitol Hill Cubans explain:
Brazil’s state development bank (“BNDES”) has frozen loan disbursements for Cuba’s Mariel port and “special economic development zone” (“SEDZ”), as part of a major corruption investigation.
As we all know, the Mariel port and SEDZ project was built pursuant to a shady deal between Cuban dictator Raul Castro and former Brazilian president Lula da Silva.
Pursuant to the deal, Brazilian engineering firm Odebrecht would receive nearly $800 million in financing from BNDES, in partnership with a shadow company of the Cuban military called Almacenes Universales, S.A.
This past Monday, Brazilian prosecutors charged Lula da Silva; Odebrecht CEO Marcelo Odebrecht, who is already serving a 19-year sentence for separate corruption charges; and nine others over allegations that Lula secured BNDES funding for Odebrecht projects in Angola. In return, prosecutors said, Odebrecht bribed Lula and some people close to him.
Have no doubt, Cuba’s Mariel project will be next.
Go to the link for more, as CHP has been following this story for years.
Rick Lee says
Anything Castro is mixed up in is bound to be crooked or bloody. I hope Lula falls hard.