Makarem’s Recadi Past

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Delicious tidbit on North American Opinion Research Big Cheese Julio Makarem: according to the Diccionario de la Corrupción en Venezuela, Volume III, Makarem was indicted way back in 1989 for his role in a complicated scam to bilk millions of subsidized dollars out of Recadi.

(Recadi being the 1980s corruption sink-hole in charge of administering rationed, subsidized dollars under the Lusinchi-era Currency Controls.)

Makarem fled the country to avoid trial.

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