Venezuela will charge a former manager of
state oil company PDVSA's main crude exporting port with corruption over
suspected overpricing in equipment purchases, the public prosecutor's office
said in a statement late on Tuesday. Jesus Osorio will be charged in the coming
hours following complaints lodged by colleagues at PDVSA, which exports much of
its oil from the Jose terminal, over the purchase of two monobuoys costing
$76.2 million, the statement added. Further information was not immediately
available. Caracas-based PDVSA did not immediately respond to a request for
comment. More…
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