Venezuelan authorities detained the acting president of
Citgo, the state-owned oil company's U.S. subsidiary, and five other executives
for their alleged involvement in a corruption scheme, officials said Tuesday. Jose
Pereira and five Citgo vice presidents have been detained on suspicion of
embezzlement stemming from a $4 billion agreement to refinance company bonds,
chief prosecutor Tarek William Saab said. More… 
Wednesday, November 22, 2017
Venezuela arrests Citgo chief in anti-corruption dragnet
Venezuelan authorities detained the acting president of
Citgo, the state-owned oil company's U.S. subsidiary, and five other executives
for their alleged involvement in a corruption scheme, officials said Tuesday. Jose
Pereira and five Citgo vice presidents have been detained on suspicion of
embezzlement stemming from a $4 billion agreement to refinance company bonds,
chief prosecutor Tarek William Saab said. More… 
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