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Subject
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Hugo Chavez seizes more stuff. Again.
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[link to ca.news.yahoo.com]
"The acquisition by force of the real estate, furnishings, and related assets (...) of the Margarita Hilton & Suites Hotel Complex, along with the Marina owned by Inversiones Pueblamar y Desarrollos MBK, have been ordered," a presidential decree in the official register read.
The sprawling complex includes 280 rooms, 210 suites, a casino, stores, restaurants, offices and meeting areas, as well as the adjoining marina.
The assets will be held by the state tourism corporation Venetur, which reports to the Tourism Ministry, as part of an "urgent" effort to boost "the social development side of the tourism and hotel industries in Nueva Esparta state," the Gazette said.
More at link.
Seems old "Anything for a Laugh" Hugo is hitting diminishing returns on his investments seizures.
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