reward is so profitable that since the middle of last year, when the state plan
created in 2016 took shape, despite the framework of what might the biggest
economic crisis in the history of Venezuela, an endless number of suppliers that
only the Venezuelan authorities seem to know wanted to be part of the business.
Just a couple of names have been made public, namely Postar
but they are certainly not the only ones.
example, Million Rise Industries Limited is one of the unknown suppliers of the
program. It is, like Group Grand Limited—infamous
since the dismissed public prosecutor general of Venezuela, Luisa Ortega Díaz,
linked it with Maduro last August ,
registered in Hong Kong, the most important tax haven in Asia and the fourth
jurisdiction in the Financial Secrecy Index prepared by the Tax Justice Network.
The Venezuelan government resorted to that company to buy sugar and mayonnaise
from Brazil or white rice from Uruguay in what seems to be an odd intermediation
since Venezuelan state companies directly negotiated for years with companies
from both countries.
Million Rise Industries Limited, the gateway to the business was a contract with
the Venezuelan Foreign Trade Corporation (Corpovex), a sort of state holding
that centralizes public imports, chaired by the Major General of Aviation,
Giuseppe Yoffreda Yorio. Thanks to contract CPVX-CJ-CONT-0072-2017, in last
year’s September, the Hong Kong-registered company billed in a week at least
668.10 metric tons of Uruguayan white rice, dispatched from Montevideo by
Damboriarena Escosteguy, as well as 125 tons of sugar and 72 tons of Brazilian
mayonnaise, shipped from the port of Santos by Tenda Atacado Ltda, a supermarket