Get all your news in one place.
100's of premium titles.
One app.
Start reading
Latin Times
Latin Times
Politics
Pedro Camacho

Venezuela Used $64 Billion in Oil Wealth to Build Cuban-Led Repressive Security Apparatus, Report Says

Venezuela's president Nicolas Maduro (Credit: Photo by JUAN BARRETO/AFP via Getty Images)

Venezuela transferred an estimated $64 billion in oil wealth to Cuba over two decades, helping build a Cuban-led intelligence and security apparatus tied to political repression and social control, according to a report cited by the Washington-based Miranda Center for Democracy.

The study concludes that Caracas used subsidized oil shipments, debt relief and joint investments to finance a system that reshaped Venezuela's military and intelligence institutions. In return, Cuban advisers helped design and embed a model focused on internal surveillance and regime protection, transforming agencies once tasked with public security into tools of political control.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.