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Venezuelan government releases US oil executives under house arrest

A group of American oil executives detained in a crowded Venezuelan prison were released under house arrest on Friday, according to a person who was briefed on the negotiations.

Employees of Houston-based Citgo Petroleum Corp. were released from prison and placed under house arrest in Caracas. Known as Citgo Six, Tomeu Vadell, Alirio Zambrano, Jose Luis Zambrano, Gustavo Cardenas, Jorge Toledo, and Jose Pereira were sentenced to long-term imprisonment for corruption in November.

U.S. officials tracking their case may use Venezuelan President Nicolas Maduro to appeal to the Biden administration when it falls into severe economic turmoil exacerbated by the Covid-19 pandemic. I suspect I can’t.

The release of a man to house arrest on Friday was previously reported by the Associated Press.

Six executives have been detained in Venezuela since receiving a call from Venezuelan oil company Petroleos de Venezuela SA to Caracas for a budget meeting in November 2017.

When they arrived, armed and masked security agencies arrested them. Executives were accused of embezzlement and money laundering leading to a proposed $ 4 billion funding transaction, which was never done.

Male families (five naturalized U.S. citizens and one U.S. resident) suffered severe weight loss as they were placed in an inhumane state, sharing a crowded basement in a military counterintelligence prison. I am complaining that I am.

Citgo, which owns oil refineries nationwide, is a subsidiary of PDVSA. In January 2019, the U.S. imposed sanctions PDVSA tries to pour income from the country’s largest source of income into the hands of opposition leader Juan Guaidó, not the Maduro administration.

Six men were allowed house arrest in December 2019 But two months later he was returned to jail That same day-President

Donald Trump

Guaidó was invited to the White House.

Last year, the Trump administration called on the Maduro administration to release six men, citing the threat of the coronavirus.

Write to Vivian Salama vivian.salama@wsj.com

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Venezuelan government releases US oil executives under house arrest

Source link Venezuelan government releases US oil executives under house arrest

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