Venezuela arrests six top executives from PDVSA's US subsidiary Citgo

Venezuela arrests six top executives from PDVSA's US subsidiary Citgo

Venezuela on Tuesday arrested the acting president and five other top executives in charge of Citgo, the US refinery subsidiary of troubled state oil company PDVSA, on corruption charges. “Six senior executives have been arrested,” said chief prosecutor Tarek William Saab, adding that the charges included embezzlement, collusion over contracts, money laundering and criminal association. The Citgo chief, Jose Angel Pereira, was arrested in Caracas.

…read more

Source:: Yahoo News

Real Time Analytics