addition to the 80-20 system, the Auditors of Corpoelec found dozens of
administrative irregularities, which they declared in several official reports,
all revised for this report.
example, Odebrecht, Impregilo and Vinccler obtained part of the contracts for
additional (non-principal) work without bidding, in violation of the bidding
law. They also received "overpayments", which affected Corpoelec's cash flow.
They charged increases of up to 30% for claims without being approved by the
appropriate authorities. They were paid, in some items, more than what was
budgeted. They obtained month extensions for their work without submitting the
mandatory supporting documentation.
its part, Impsa, the Argentine contractor of the turbines, charged US$ 75
million from Corpoelec without having signed a contract. It also received US$ 60
million for equipment sent to the site; collected three million bolivars for
labor costs that were not justified; assessed a tax at 3% instead of 34%; and it
did not pay VAT. In addition, it signed a third contract without dating it,
which is illegal. On one occasion it incurred in delays in the delivery of work,
for which it had to pay 4.7 million U.S. dollars to Corpoelec in fines. There is
no evidence that it has done it. In fact, only one and a half out of the 10
turbines that were paid are installed in Tocoma.
and CAF were aware of these illegalities, sources say. Delegates attended the
meetings of the board of the work periodically to verify progress against
disbursements. However, they did not sign, as was appropriate, the modifications
to the contracts and continued to finance the work, based on the audit. To the
publication of this report, the requests for information sent by email to both
institutions had not been answered.