The Colombian government announced on Monday that monomersa Venezuelan fertilizer company based in its territory, will once again be controlled by the president of Venezuela, Nicholas Maduroafter about three years under the tutelage of opposition leader Juan Guaidó.
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“We ratify the will of the Venezuelan government to appoint a board of directors” for Monómeros, he told the network Telesur the superintendent of companies of ColombiaBilly Escobar, at the end of a meeting in Bogotá with the Venezuelan ambassador, Felix Plasencia.
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“The owners of a company have the possibility of choosing their directives. We are making a legal recognition of this situation,” emphasized the person in charge of the Superintendency, who intervened the company at the end of 2021 in the face of a possible embezzlement.
To its turn, the Venezuelan ambassador celebrated that Monómeros “returns to the power of the people of Venezuela”.
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Neither Escobar nor Plasencia gave details about who will make up the new board or when they will take control of the company. The petrochemical company based in the Colombian port of Barranquilla (north) began as binational, but Venezuela took control of it in 2006.
Under the government of Iván Duque (2018-August 2022), Monómeros was at the center of the profound differences between Caracas and Bogotá.
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The owners of a company have the possibility to choose their directives. We are making a legal recognition of that situation
In 2019 Venezuela broke relations with Colombia in response to Duque’s support for Venezuelan opposition leader Juan Guaidó, recognized by fifty countries as interim president.
That same year, the then president expropriated the company from the Venezuelan state-owned Pequiven and handed over its administration to Guaidó.
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With the coming to power of Petro, Colombia’s first leftist president, both countries resumed relations.
The new government found a company that had foundered and intervened by the Superintendency.
The return of the company to the hands of Maduro marks “the end of a negative arrangement to harm (…) Venezuelans and Colombians,” Plasencia said.
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In August, the Venezuelan prosecutor’s office issued an arrest warrant against 23 “false” managers of the petrochemical company who have been accused of committing irregularities and of seeking bankruptcy to finish off the firm.
In 2021, the Monómeros union denounced a contract, annulled after the scandal, to transfer 60% of the profits to a private Panamanian company, as well as payments for “advice” that he called “unnecessary”.
Before falling into disgrace, the company supplied 37% of the fertilizers used in Colombia, which is struggling against high inflation (10.8% year-on-year) largely due to the increase in the prices of agricultural inputs derived from the war. in Ukraine.
AFP
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