Where Is Cuba’s Money? Secret Records Show the Military Has Massive Cash Hoard

Where is Cuba’s money? Secret records show the military has massive cash hoard

For most people in Cuba, life on the island has in recent years taken a tragic turn: The economy has collapsed, the poorest Cubans dig food from trash heaps, and many die from lack of medications, while the government’s response has largely amounted to resisting market reforms and blaming the U.S. embargo for the shortages and daily blackouts. Read more...

These companies appear in secret documents of Cuba’s largest military conglomerate

A Miami Herald investigation that revealed that a Cuban military conglomerate is holding billions in secret dollar reserves amid the ongoing collapse of the economy shows the island’s armed services have created a network large of companies that tap into…

Leaked Documents Expose Cuban Military's $18 Billion in Hidden Reserves: Report

Cuba's military-controlled conglomerate, GAESA, has stashed away as much as $18 billion in offshore and dollar-denominated assets, according to a new report