"Smartmatic has claimed to be of US origin, but its true owners – probably elite Venezuelans of several political strains – remain hidden behind a web of holding companies in the Netherlands and Barbados.
The Smartmatic machines used in Venezuela are widely suspected of, though never proven conclusively to be, susceptible to fraud. The company is thought to be backing out of Venezuelan electoral events, focusing now on other parts of world, including the United States via its subsidiary, Sequoia."
From the US Embassy:
"Smartmatic has claimed to be of US origin, but its true owners – probably elite Venezuelans of several political strains – remain hidden behind a web of holding companies in the Netherlands and Barbados.
The Smartmatic machines used in Venezuela are widely suspected of, though never proven conclusively to be, susceptible to fraud. The company is thought to be backing out of Venezuelan electoral events, focusing now on other parts of world, including the United States via its subsidiary, Sequoia."