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| '''Alejandro Betancourt López''' (born 1980, ]) is a Venezuelan businessman. He serves as Chairman and CEO of ], an engineering, procurement and construction company.<ref name="ABC"/> Betancourt is currently the target of two lawsuits alleging he and his company paid bribes to Venezuelan government officials to obtain Derwick's contracts.<ref>, ''Wall Street Journal'' accessed 6 April 2014.</ref><ref>, ''Miami Herald''; accessed 6 April 2014.</ref> However, according to the state-sponsored newspaper Correo del Orinoco, the company has denied the allegations in a official note.<ref name=ABC>{{cite web|url=http://www.correodelorinoco.gob.ve/nacionales/banesco-y-derwick-associates-desmiente-vinculacion-diosdado-cabello/|title=Banesco y Derwick Associates desmiente vinculación con Diosdado Cabello|author=Correo del Orinoco|accessdate=8 April 2014|language=Spanish}}</ref> | |||
| '''Alejandro Betancourt López''' (born 1980, ]) is a Venezuelan businessman. He serves as Chairman and CEO of ], an engineering, procurement and construction company. | |||
| ==Family== | ==Family== | ||
| Alejandro Betancourt Lopez is the great grandson of ]. Mr. Lopez was the 22nd President of Venezuela |
Alejandro Betancourt Lopez is the great grandson of ]. Mr. Lopez was the 22nd President of Venezuela. | ||
| Mr. Lopez is one of persons responsible for bringing electricity to Valencia, at the time the most important State of Venezuela. | Mr. Lopez is one of persons responsible for bringing electricity to Valencia, at the time the most important State of Venezuela. | ||
| ==Present== | |||
| In October 2013, Spanish newspaper '']'' published on its news pages about how Alejandro Betancourt López, whom it nicknames a "bolichico" stands accused of "influence trafficking" and "bribery payments", and that ] was being sued alongside López for corruption.<ref> (paywalled; in Spanish), kioskoymas.abc.es; accessed 6 April 2014.</ref> Two months later, in January 2014, '']'' the same newspaper published in its business supplement an interview with Betancourt López where he explained Derwick's strategy to become a major supplier of technology for Latin-America.<ref name=ABC>{{cite web|url=http://www.abc.es/economia/20140117/abci-alejandro-betancourt-venezuela-tiene-201401152129.html|title=Venezuela tiene mucho potencial si la entiendes|author=ABC|accessdate=24 October 2014|language=Spanish}}</ref> | |||
| ==Awards== | ==Awards== | ||
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| ==Accusations of bribery== | ==Accusations of bribery== | ||
| Betancourt has been sued in New York Federal Court under the ] by Washington businessman ] who alleged that ] executives (including Betancourt) defamed him and caused his own consulting business to suffer financial losses. Reich claimed Derwick paid bribes for every contract received from the Venezuelan government.<ref>, wsj.com; accessed 4 April 2014.</ref><ref>, wsj.com; accessed 4 April 2014.</ref> | Betancourt has been sued in New York Federal Court under the ] by Washington businessman ] who alleged that ] executives (including Betancourt) defamed him and caused his own consulting business to suffer financial losses. Reich claimed Derwick paid bribes for every contract received from the Venezuelan government.<ref>, wsj.com; accessed 4 April 2014.</ref><ref>, wsj.com; accessed 4 April 2014.</ref> In a separate legal action, ], a human rights lawyer, sued Betancourt and his company, claiming they paid a $50,000,000 bribe to ], Speaker of the House of the ].<ref>, miamiherald.com; accessed 4 April 2014.</ref> | ||
| In response, Banco Banesco and Derwick Associates claim that the accusations in both lawsuits are false.<ref>{{cite web|url=http://www.vtv.gob.ve/articulos/2014/03/29/desmienten-supuesto-soborno-al-presidente-del-parlamento-venezolano-diosdado-cabello-6491.html|title=Desmienten supuesto soborno al presidente del Parlamento venezolano, Diosdado Cabello|author=Venezolana de Televisión|accessdate=7 April 2014|language=Spanish}}</ref><ref>{{cite web|url=http://www.elnuevoherald.com/2014/03/29/1713389/banesco-desmiente-el-pago-de-50.html|title=Banesco desmiente el pago de $50 millones a Cabello a través de ese banco|author=El Nuevo Herald|accessdate=7 April 2014|language=Spanish}}</ref> | |||
| ==References== | |||
| {{Reflist}} | |||
| ==External links== | ==External links== | ||
Revision as of 01:03, 6 May 2014
| Alejandro Betancourt López | |
|---|---|
| Born | 1980 Caracas, Venezuela |
| Alma mater | Suffolk University of Massachusetts |
| Occupation(s) | Chairman and CEO of Derwick Associates |
| Spouse |
Andreína Rojas (m. 2012) |
| Website | Derwick |
Alejandro Betancourt López (born 1980, Caracas, Venezuela) is a Venezuelan businessman. He serves as Chairman and CEO of Derwick Associates, an engineering, procurement and construction company. Betancourt is currently the target of two lawsuits alleging he and his company paid bribes to Venezuelan government officials to obtain Derwick's contracts. However, according to the state-sponsored newspaper Correo del Orinoco, the company has denied the allegations in a official note.
Family
Alejandro Betancourt Lopez is the great grandson of Hermógenes López. Mr. Lopez was the 22nd President of Venezuela. Mr. Lopez is one of persons responsible for bringing electricity to Valencia, at the time the most important State of Venezuela.
Present
In October 2013, Spanish newspaper ABC published on its news pages about how Alejandro Betancourt López, whom it nicknames a "bolichico" stands accused of "influence trafficking" and "bribery payments", and that Derwick Associates was being sued alongside López for corruption. Two months later, in January 2014, ABC the same newspaper published in its business supplement an interview with Betancourt López where he explained Derwick's strategy to become a major supplier of technology for Latin-America.
Awards
In December 2013, Betancourt received the award issued by the Spanish magazine Capital for the "best technological initiative in Latin-America". The award recognized the construction of Derwick's TTC (Turbine Technology Center), which is located in an industrial area of Guácara, Carabobo State in Venezuela, measuring 10.000m2, with garages, offices and a training facility.
Accusations of bribery
Betancourt has been sued in New York Federal Court under the Racketeer Influenced and Corrupt Organizations Act by Washington businessman Otto Reich who alleged that Derwick Associates executives (including Betancourt) defamed him and caused his own consulting business to suffer financial losses. Reich claimed Derwick paid bribes for every contract received from the Venezuelan government. In a separate legal action, Thor Leonardo Halvorssen Mendoza, a human rights lawyer, sued Betancourt and his company, claiming they paid a $50,000,000 bribe to Diosdado Cabello, Speaker of the House of the Venezuelan National Assembly.
In response, Banco Banesco and Derwick Associates claim that the accusations in both lawsuits are false.
References
- ^ Correo del Orinoco. "Banesco y Derwick Associates desmiente vinculación con Diosdado Cabello" (in Spanish). Retrieved 8 April 2014. Cite error: The named reference "ABC" was defined multiple times with different content (see the help page).
- Report on Betancourt, Wall Street Journal accessed 6 April 2014.
- Report on Derwick, Miami Herald; accessed 6 April 2014.
- Article regarding Derwick Associates (paywalled; in Spanish), kioskoymas.abc.es; accessed 6 April 2014.
- Globovision. "Derwick es galardonada con el Premio a la Mejor Iniciativa Empresarial Latinoamericana de la revista Capital" (in Spanish). Retrieved 24 October 2014.
- Wall Street Journal report on New York lawsuit against Derwick Associates and Betancourt, wsj.com; accessed 4 April 2014.
- Wall Street Journal report on Otto Reich allegations, wsj.com; accessed 4 April 2014.
- "Thor Leonardo Halvorssen Mendoza sues Derwick, alleging corruption", miamiherald.com; accessed 4 April 2014.
- Venezolana de Televisión. "Desmienten supuesto soborno al presidente del Parlamento venezolano, Diosdado Cabello" (in Spanish). Retrieved 7 April 2014.
- El Nuevo Herald. "Banesco desmiente el pago de $50 millones a Cabello a través de ese banco" (in Spanish). Retrieved 7 April 2014.
External links
- Derwick Associates website; accessed 2 April 2014.
- Alejandro Betancourt official website; accessed 2 April 2014.