Venezuelan court upholds long prison stints for ‘Citgo Six’ -Breaking
[ad_1]
© Reuters. FILE PHOTO – The corporate logos for the Venezuelan state oil company PDVSA, and Citgo Petroleum Corp can be seen in Caracas on April 30, 2018, 2018. REUTERS/Marco Bello/File Photo/File PhotoBy Deisy Buitrago
CARACAS (Reuters – Venezuela’s highest court has imposed long sentences on six ex-executives of Citgo oil refiner, a U.S. affiliate of Venezuelan oil firm PDVSA.
On Friday night, the Supreme Court of Justice refused to provide details on Friday regarding the sentence given to the executives. They were sentenced on November 2020. According to a statement, the ninth Court of Appeal in Capital Caracas “confirmed” the sentence.
All of the ex-executives were naturalized U.S. citizens and detained in 2017 by Venezuelan authorities. The accusation was that they had signed a unfavorable deal for debt refinancing. Washington repeatedly called for their release.
Maria Alejandra Poleo their lawyer said that the couple had not been formally informed by the decision.
Poleo explained that they had expected this decision and that the Citgo Six were being exchanged in political issues between the United States of America (Venezuela)”.
Jose Pereira, a former Citgo president was sentenced for 13 years and seven month in prison and a $2,000,000 fine. Five other men are facing terms of eight and 10 years.
A request to comment was not received by the Venezuelan Ministry of Communication and Information.
Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.
[ad_2]
