Victor Cruz Weffer

Victor Cruz Weffer was a commander-in-chief of the Venezuelan army from July 2001 until December 2001.

Corruption charges

Victor Cruz Weffer was a commander-in-chief of the Venezuelan army.[1][2][3][4]

He served from July 2001 until December 2001 and was dismissed on corruption charges. In 2002 an investigation began; one month before Weffer acquired shares in the Seychelles company Univers Investments Ltd in 2007, public prosecutors charged him with illicit enrichment, failing to disclose financial interests and sending hundreds of thousands of dollars to overseas bank accounts. Univers Investments used bearer shares, which can be used to obscure the ownership of offshore investments. The company of Venezuela’s ex-commander-in-chief of the Armed Forces was noted as inactive in January 2011.In 2011 Weffer was acquitted; an appeal is ongoing. In April 2016, he was named in the Panama Papers, leaked documents related to offshore banking.[4]

References

  1. ↑ "President Fires Army Chief Accused of Graft - latimes". Articles.latimes.com. 2001-12-23. Retrieved 2016-04-04.
  2. ↑ "Cruz Weffer será juzgado por corrupción y se le dicta prohibición de salida del país en". Noticias24.com. Retrieved 2016-04-04.
  3. ↑ "Worldandnation: Corruption threatens Venezuelan president's future". Sptimes.com. 2002-02-04. Retrieved 2016-04-04.
  4. 1 2 "Power Players: Victor Cruz Weffer". projects.icij.org. International Consortium of Investigative Journalists. 3 April 2016. Retrieved 5 April 2016.


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