Tuesday, May 7, 2019

Same story as the California Bullet train



TUCUPITA, Venezuela—The project was meant to feed millions.
In Delta Amacuro, a remote Venezuelan state on the Caribbean Sea, a Chinese construction giant struck a bold agreement with the late President Hugo Chávez. The state-run firm would build new bridges and roads, a food laboratory, and the largest rice-processing plant in Latin America. The 2010 pact, with China CAMC Engineering Co Ltd, would develop rice paddies twice the size of Manhattan and create jobs for the area’s 110,000 residents, according to a copy of the contract seen by Reuters.


Yet CAMC and a select few Venezuelan partners prospered.

Venezuela paid CAMC at least $100 million for the stalled development, according to project contracts and sealed court documents from an investigation by prosecutors in Europe. The thousands of pages of court papers, reviewed by Reuters, were filed in Andorra, the European principality where prosecutors allege Venezuelans involved in the project sought to launder kickbacks paid to them for helping secure the contract. The material on the China deal, reported here for the first time, includes confidential testimony, wiretap transcripts, bank records and other documents.
Except the Cal Bullet train blew about a 5 billion.

After Spending $5.4 Billion, California's Bullet Train Is Still Going


So, expect Kamala to be pulling the same crap, she is Calizuelan, she doesn't know better.  The nation would be in peril by electing a Calizuelan.

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