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Chávez puts food on plates and shady deals in Nicaragua

Wednesday, August 11, 2010


Over the past four years, entities controlled by the Nicaraguan president, Daniel Ortega, have received at least $1 billion in no- strings-attached donations through an oil deal brokered by President Hugo Chávez of Venezuela.
 
The windfall has helped Ortega mount a vigorous campaign to fight rural poverty and generate electricity -- and to build political support for himself.
 
The money has had a dramatic effect. It's put more food in the bellies of tens of thousands of Nicaraguans. It's also created a web of Ortega- controlled companies with no public oversight.
 
Original story: Miami Herald