Venezuela: 21 officials, businessmen arrested in oil scheme

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Venezuela: 21 officials, businessmen arrested in oil scheme
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Venezuela’s attorney general says 21 people, including senior officials in President Nicolás Maduro's government and business leaders, have been arrested in connection with a corruption scheme involving international oil sales.

Venezuelan Attorney General Tarek William Saab speaks during a news conference about corruption cases with the state run oil company, PDVSA, in Caracas, Venezuela, Saturday, March 25, 2023. Venezuela's oil czar, Tareck El Aissami, who announced his resignation on Twitter on Monday, March 20, 2023, pledged to help investigate any allegations involving PDVSA.

The oversight agency allegedly signed contracts for the loading of crude on ships “without any type of administrative control or guarantees,” violating legal regulations, Saab said, without mentioning the amounts involved. Once the oil was marketed, “the corresponding payments were not made” to the state oil company.

El Aissami said he resigned to “accompany and fully support” the investigations. For now, El Aissami, who was one of Maduro’s trusted ministers, is not facing charges. Among the 10 officials arrested, according to the attorney general, are Col. Antonio Pérez Suárez, the vice president of trade and quality supply at PDVSA; Hugbel Roa, the former minister of food; and Joselit Ramírez, the national superintendent of cryptocurrencies.

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