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Venezuela bondholders inch toward showdown

Thursday, July 13, 2017

Venezuela to indict relatives of ex-minister over Odebrecht bribe scheme

Venezuela's state prosecutor's office said on Wednesday it would charge two people linked to a former transportation minister for involvement in bribery schemes associated with the Brazilian construction company Odebrecht SA. Maria Baptista and Elita Zacarias "are linked to the ex-Minister Haiman El Troudi and must appear July 27," the state prosecutor's office said on Twitter, without providing further details. El Troudi later said that his relatives, whom local media have reported are his wife and mother-in-law, had nothing to do with the case. More…

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