Sep
29
2010
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Election wins could mean freedom for jailed candidates

This article was originally posted by Kentucky Lexington Herlad Leader

Opposition parties drafted four political prisoners to run in the hotly contested elections to focus attention on Venezuela’s political detainees – and force the government’s hand.

Venezuela’s constitution gives parliament members immunity, and legal scholars said there was no reason the winners should not be released.

Two of the candidates lost, including a well-known judge. The two winners include Jose “Mazuco” Sanchez, the former security chief for the state of Zulia. Jailed since 2007, Sanchez is accused of murdering a member of the Directorate of Military Intelligence. Sanchez has maintained his innocence and supporters say his real crime is being an ally of former presidential candidate Manuel Rosales, who is in exile in Peru.

The other prisoner turned parliamentarian is Biagio Pilieri, a former mayor who was elected to represent the state of Yaracuy. Pilieri has been detained for more than a year on charges he misused funds. Although he was absolved by the courts, he remains behind bars.

The National Electoral Council, CNE, confirmed Sanchez’s election for the state of Zulia, but Pilieri’s name was not on the roster of new representatives.

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Sep
28
2010
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Opposition fears Chavez may speed laws through

This article was originally posted by Reuters

Julio Borges, leader of the First Justice party and an incoming legislator, urged the government to avoid that temptation for the sake of plurality.

“The democratic way would be for the current assembly to recognize there is a new reality in the country and not give us the surprise of taking advantage and speeding through the approval of cowboy laws,” he told Reuters.

Chavez has had virtual carte blanche in parliament since the opposition boycotted a 2005 legislative poll.

But in weekend elections, the newly united opposition group Democratic Unity — which includes Borges’ party — won 65 seats, compared to 98 for Chavez’s ruling Socialist Party.

That will enable them to air dissenting views and muster enough votes to block some major legislation.

The new National Assembly convenes on January 5.

COMMON AGENDA SOUGHT

Chavez has a raft of proposals on his agenda to give more funding and power to local neighborhood political structures that are largely loyal to him. He is also known for springing surprises, like nationalizations, that are often quickly approved by parliament.

So the opposition fears he will use his window of opportunity before January to push through whatever he wants.

“The logical, civilized, decent thing would be to form a committee to find a common legislative agenda so the country can feel there is learning and understanding, and that we are on a better path,” Borges said in an interview.

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Sep
28
2010
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Gold Reserve sues Venezuela for $1.9 billion

Gold Reserve Inc. is seeking $1.9 billion in damages for what it has called an illegal expropriation of its assets by the Venezuelan government.

In April 2008, the Spokane, Wash. mining firm had its rights to the big Brisas copper-gold desposit taken away by the Venezuelan government. The Brisas property, in southeastern Venezuela, was the company’s main mining asset and is one of the country’s largest gold mines.

The arbitration claim, filed with the World Bank’s International Centre for Settlement of Investment Disputes, alleges violations of three provisions of the bilateral investment treaty between Canada and Venezuela. The company is seeking compensation for all its losses at the Brisas project and in the Choco 5gold property, as well as other damages, which it values at about $30 a share.

Gold Reserve is one of many companies that have filed arbitration requests against Venezuela‘s government in the wake of President Hugo Chavez taking control of numerous assets.

This piece was originally reported by Dow Jones.