Opinion | The real reason Venezuela’s Maduro survives: Dirty money

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Opinion | The real reason Venezuela’s Maduro survives: Dirty money
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'The real reason Venezuela’s Maduro survives: Dirty money' via PostOpinions

By Jackson Diehl Jackson Diehl Deputy editorial page editor and columnist focusing on international affairs Email Bio Follow Deputy Editorial Page Editor May 12 at 7:15 PM When asked to explain why their efforts to oust Venezuelan President Nicolás Maduro have fallen short, Trump administration officials typically cite the sinister influence of Cuba and Russia, which they say has stiffened the regime’s resistance.

Though both the Trump administration and Maduro’s far-left foreign defenders prefer to describe the Venezuelan crisis in political terms, the reality is that the regime is less a government — much less a socialist one — than a criminal gang. That has two consequences that are complicating its removal. First, the money it is reaping from criminal activity is serving as a prop that allows it to survive U.S. sanctions.

Another new study prepared for the National Defense University by Douglas Farah and Caitlyn Yates found that even while the Maduro regime sold 73 tons of gold in Turkey and the United Arab Emirates last year to raise cash, its reserves grew by 11 tons — the likely result of illegal gold mining, including by Colombian rebel groups based in Venezuela and allied with the regime.

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