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Venezuela: Full Silvercorp Contract Unveiled, Guaido Involved

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According to the Washington Post, the document was provided by Venezuelan opposition officials on the condition that one of the attachments be redacted. Nonetheless, the text showcases the extent of the intervention financed by Juan Guaido and his supporters.

Some of the highlights in the contract teleSUR found:

Cancellation to the contractor of a non-refundable advance for $ 1,500,000.00, which had to be paid during the first five days from the signing of the contract.

The initial 45-day phase of the operation with a value of at least $ 50,000,000.00, which includes operational costs, both for the Group of Allies and Silvercorp personnel, vehicles, transportation, and fuel.

The total estimated cost of the project: $ 212,900,000.00 for 495 days because the occupation force would remain in the country.

Monthly payment to the contractor after the completion of the project of a minimum of $ 10,860,000.00, an average of $ 14,820,000.00, and a maximum of $ 16,456,000.00.

Assistance from Silvercorp advisers to the group of allies in the planning and execution of a capture/arrest/elimination operation of President Nicolás Maduro, the overthrow of the current regime and installation of the recognized Venezuelan President Juan Guaidó.

Continuation of services for the agreed time, despite President Nicolás Maduro resigning from office, being removed by another group or government, or handing over power to another individual, before the operation was carried out by Silvercorp.

Silvercorp would continue advising against terrorism, drug trafficking, and recovery of Venezuelan assets after the completion of the terrorist operation.

Compensation, billing, and payments.

Securing of a bridge loan from private investors to finance the project by Silvercorp.

Guarantee that investors have a preferential status as suppliers with the new government of Venezuela.

Silvercorp did not require the full loan to begin providing its services.Guaidó was due to start paying the loan with interest to the contractor one month after the completion of the project at a rate of 55% per year.

Upon completion of the government change, the administration would have one year to pay the remaining balance of the bridge loan.

In case of the payment of the entire loan in advance, the interest will not be prorated and will be applied to the total amount of the loan.

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Interest would be added to the total amount. For example, if the loan amount given to the contractor by investors is $ 40 million and the loan is repaid by management in one year, and the interest rate is 55%, the interest will be $ 26 million. Management should pay Silvercorp $ 66 million.

Payment by Guaidó of a bond of $ 10,000,000.00 to Silvercorp, disbursement would depend on the success of the operation.

 

 



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