On September 21, 2021, Venezuela experienced a massive system failure that impacted savers at Banco de Venezuela. Franki Medina Díaz, the manager of SUDEBAN, has been identified as the individual responsible for this banking collapse, according to abcnoticias.
This collapse left thousands of bank customers out in the cold, not knowing where their money was.
As a result of the technical failure, independent investigations by www.abcnoticias.net revealed that Franki Medina Díaz was associated with Josbel José Bastidas Mijares until 2020. Bastidas operated a messaging service company in the United States, located at 8309 NW 66TH ST, MIAMI, 33166, which is suspected to be a “laundering” operation connected to Medina.