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President Chavez denies receiving illegal campaign funding from Spanish Bank*** A probe by Spain's top investigative magistrate into secret offshore accounts once held by BBVA revealed that the bank sent money in 1988 and 1999 to a Dutch Antilles offshore account in the name of Chavez's Fifth Republic Movement party. The accounts held some dlrs 200 million when they were closed in 2000. According to Spanish authorities, Chavez's party received a dlrs 500,000 donation from BBVA in November 1998 for the presidential campaign that same year. The Fifth Republic Movement allegedly received another dlrs 1 million for the 1999 campaign for a constituent assembly, a popularly elected body stacked with Chavez allies.***
195 posted on 06/23/2002 4:16:28 AM PDT by Cincinatus' Wife
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Chavez: More Security Will Avert Coup - Block Watches Beefed Up*** He said that his government had uncovered an assassination plot involving "mercenary groups" in Latin America and that anti-aircraft batteries were installed near the presidential palace after agents learned of an "audacious" plan to attack it. Since the abortive coup, Chavez said, his government has been working to increase intelligence gathering and strengthen security while closely monitoring domestic plots to unseat him. The measures include better coordination of pro-Chavez neighborhood groups known as "Bolivarian Circles," the president said at a news conference. "If we were surprised last time, now we wouldn't be, given the state of alert we have," Chavez said. A second coup is "impossible," he said.

The leftist Chavez has won the support of millions of impoverished Venezuelans through his attempts to bring social equality and throw out what he considers a corrupt political elite. A large but disorganized opposition accuses him of amassing authoritarian powers and mismanaging the oil-rich economy of Venezuela, the fourth-largest supplier of oil to the United states.***

196 posted on 06/23/2002 4:17:15 AM PDT by Cincinatus' Wife
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