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Haitians protest alleged misuse of PetroCaribe funds

Hundreds of people across Haiti protest alleged misuse of funds from a discounted oil program created by Venezuela

Reported by: AP Published on: October 17, 2018 22:00 IST
Haitians protest alleged misuse of PetroCaribe funds
Image Source : AP Haitians protest alleged misuse of PetroCaribe funds

PORT-AU-PRINCE, Haiti (AP) — Hundreds of people across Haiti are protesting the alleged misuse of funds from an oil assistance program created by Venezuela.

Protesters blocked roads and burned tires on Wednesday as they demanded more transparency in how the government uses funds from PetroCaribe. The program provides below-market financing for oil for several countries in the region.

An investigation by Haiti's Senate found that at least 14 former government officials allegedly misused $3.8 billion under the administration of former president Michel Martelly.

Protesters mobilized as Haiti commemorated the death of independence hero Jean-Jacques Dessalines. The protest comes three months after Haiti's prime minister resigned amid widespread unrest following his failed attempt to increase fuel prices.

Disclaimer: This is unedited, unformatted feed from the Associated Press (AP) wire.
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