Venezuela Arrests Former Oil Minister Tellechea

(Reuters, 21.Oct.2024) — Venezuelan authorities have arrested former industry and oil minister Pedro Tellechea, Attorney General Tarek Saab said on Monday, the latest high-profile detention connected to management of Venezuela’s sanctioned oil industry. In a statement on Instagram, Saab said Tellechea had been arrested in the early hours of Sunday […]

New Corruption Scheme Revealed at PDVSA

(Prensa Latina, 19.Sep.2018) — The Public Prosecutor”s Office (MP) has revealed today a new corruption scheme in the state-run Petroleos de Venezuela (PDVSA), which has caused losses of 18,500,000 dollars to the main industry of the country. In a press conference from the MP headquarters in Caracas, Attorney General Tarek […]

How Venezuela Gets Plundered

(DW.com, Andreas Knobloch, 6.Aug.2018) – A money-laundering scandal involving Venezuela’s state oil company PDVSA could turn into a problem for a Swiss bank. A German banker recently affiliated with the lender has been arrested in Miami. When it comes to the causes behind the severe economic and supply crisis in […]