Venezuela sentences 6 former US oil executives

9

Caracas, Nov 27 | Venezuela’s Supreme Court has convicted six former American oil executives of corruption and sentenced them to prison.

The six Americans, who were executives of US-based refining company Citgo, were arrested in Venezuela on charges of corruption on November 21, 2017, reports Xinhua news agency.

On Thursday, the Supreme Court sentenced five of them to eight years and 10 months in prison while one of them received a 13-year sentence.

Citgo is owned by Venezuelan state oil company Petroleos de Venezuela (PDVSA).

A BBC report on Friday said that the arrested of the six persons marked the beginning of a sweeping anti-corruption operation in Venezuela.

Critics of President Nicolas Maduro said the move was part of a political purge.

Venezuela’s oil industry is key for the government as it accounts for about 95 per cent of the country’s export earnings.

Last year, the US introduced sanctions against PDVSA after recognising opposition leader Juan Guaido as interim president.

Source: IANS

Sponsors Posts

1BHK Flats in Jabalpur for sale at budget price ?

1BHK Flats in Jabalpur for sale at budget price ?

Approximate 200+ 1BHK apartments or flats in Jabalpur available for sale at budget price

As per available data with BhaskarProperty.com approximate 200+ 1BHK Residential Flats for Sale in Jabalpur at a very low price. This is the right time for small property buyer to grab new property in Jabalpur with multiple benefits.

At this time Builder and Developer in Jabalpur also target to the maximum sale before the end of year. Also banks are giving low rate loan for housing. The 1BHK Flats for sale at multiple prime residential location in Jabalpur are available.

1BHK apartment’s starting price in Jabalpur is 12.0 Lac*

Some of the Real Estate Developer in Jabalpur are offering 1BHK Flat at Just 12.0 Lac (Starting Price) with multiple benefits like lift, parking, 24×7 water, CCTV and many more.

You can find more details about these from bhaskarproperty.com a Jabalpur Real Estate Website.

Most preferred residential location in Jabalpur

The most preferred residential locations in Jabalpur are Civil Lines, Vijay Nagar, Kachnar City, Napier Town, Wright Town, Lekha Nagar, Sadar, Sneh Nagar, Hathital and many more.

BhaskarProperty.com is the best property portal for Jabalpur Real Estate market

The Bhaskar Property (bhaskarproperty.com) have property’s photos, video, walkthrough, location map and property browser with information. Also they provide the direct contact details of property owner and agent to whom a property buyer can directly contact.

Don’t forget to visit bhaskarproperty.com now.

LEAVE A REPLY

Please enter your comment!
Please enter your name here