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Over 6,700 Vehicles Found by Venezuelan Authorities in Private Homes and Storehouses

Venezuelan Trade Minister and President of the National Institute in Defense of People's Access to Goods and Services (INDEPABIS); Eduardo Samán, informed yesterday that they found over 6,700 vehicles outside  car dealers, which were hoarded in private houses, storehouses and parking garages. These cars must be immediately released for sale.

The minister explained that in the particular case of  the companies ToyoClub and ToyoSan, the authorities, after receiving a routine complaint,  went to the house where the vehicles were parked and verified that the cars belonged to Guillermo Zuloaga, president of the TV station Globovisión.

“ToyoSan belongs to four companies and the tax domicile of one of them is in the building of Globovisión (Caracas’ northeast) and now it was changed to Valencia (Carabobo state); but when they created the company, its tax domicile was the aforementioned building,” the minister said.

Samán also explained that these car dealers are connected with banks, which will also be investigated. .He stated that the certificates of origin and the purchase bills of vehicles found were not signed by buyers and stayed in the car dealers for more than five months.

The minister considered this kind of activities in the car sale unethical, and said that the kind of crimes committed will be determined by the Public Ministry.

“There is a big gate to be opened regarding the financial operations. Since a car that costs 100.000 bolívares fuertes ($46,511)  is sold by resellers for about 240,000 bolívares fuertes ($111,628), which is two and three times its original price,” he added.

“We are going to give this information to the Bank Superintendence (Sudeban) in order to start the investigations in all the banks and check all the credits granted for vehicles,” said Minister Samán.

Radio Nacional de Venezuela (RNV) /Press Unit of the Embassy of the Bolivarian Republic of Venezuela to the United States/ May 27, 2009

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