Venezuela: Opposition Mayor Wants To Dismantle Corporelec

Opposition Mayor Gerardo Blyde of the city of Baruta has called on lawmakers from the Democratic Unity Roundtable (MUD) to dismantle the nation’s state-run water and electric companies. Corporelec was nationalized in 2007, when several Latin American countries nationalized projects in the areas of water, electricity, health, education, telecommunications and other public services. Despite sporadic outages and Blyde’s claims that the state-run company “only exists to drain the money from Venezuelans,” 100% of Venezuelans now have access to electricity, according to the World Bank. teleSUR