ESPACIO PUBLICITARIO
CARACAS, Monday May 27, 2013 | Update
 
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JUDICIARY

Globovisión's main shareholder said to have violated Law on Banks

A legal action was filed Monday with the Attorney General Office

EL UNIVERSAL
Monday May 27, 2013  04:36 PM
Publisher Grupo 6toPoder's Attorney Pedro Aranguren filed on Monday a legal action against Raúl Gorrín, the director of insurance firm La Vitalicia and main shareholder of news TV channel Globovisión, arguing that Gorrín allegedly violated Venezuela's Law on Banks and Other Financial Institutions in purchasing the shares of the TV network.

Aranguren underscored, "We have come before Attorney General Office Luisa Ortega Díaz to request an investigation to determine how Raúl Gorrín, the owner of a financial institution, has bought a media outlet in our country, thus violating Section 12, paragraph 8 of the Law on Banks and Other Financial Institutions."

The attorney stated that the sale of Globovisión to Raúl Gorrín "is void."

"Attorney Ortega Díaz must explain Venezuelans how Conatel (The National Telecommunications Commission) approved the sale and how this law came to be disregarded," he stressed.
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And they found the jail

At least 30 years had passed since his last visit to Caracas. He had little time to become an expert on moving about in such a complicated metropolis. Whether it was hopping on the subway, finding directions, playing waiting games at public agencies, eating whatever he could and sleeping wherever he could, Guerrero senior had been wandering the streets for 60 days, and thanks to "the boys" he found some sort of relief by way of helping hands.

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