Crisis-Ridden Venezuela Gave $500K to Trump Inauguration
Crisis-Ridden Venezuela Gave $500K to Trump Inauguration
"It's very clear [President Maduro] is putting money behind his priorities, but those don't necessarily include the population of the country" says AS/COA’s Eric Farnsworth.
Venezuela faces shortages of food, water, medicine, electricity and money.
But its state-run oil company -- through a subsidiary -- donated $500,000 to President Trump's inauguration committee on December 22, 2016.
That equals what Pepsi (PEP), Verizon (VZ, Tech30) and Walmart (WMT) donated combined, according to Federal Election Commission records released Wednesday as deadly protests raged across Venezuela. The donation to Trump's inauguration committee was made by Citgo Petroleum, a subsidiary of Venezuela's state-run oil company, PDVSA.
The country's citizens face a litany of crises -- from food and medical shortages to extremely violent crime…
"It's very clear he's putting money behind his priorities, but those don't necessarily include the population of the country, in terms of food, medicine, safety," says Eric Farnsworth, vice president at the Council of the Americas…
