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Venezuelan court upholds long prison stints for 'Citgo Six'

Published 02/05/2022, 08:55 AM
Updated 02/05/2022, 09:00 AM
© Reuters. FILE PHOTO: The corporate logos of the state oil company PDVSA and Citgo Petroleum Corp are seen in Caracas, Venezuela April 30, 2018. REUTERS/Marco Bello/File Photo/File Photo

By Deisy Buitrago

CARACAS (Reuters) - A Venezuelan appeals court has upheld long prison terms on corruption charges for six former executives of oil refiner Citgo, a U.S. subsidiary of Venezuelan oil company PDVSA, the country's top court said.

The Supreme Court of Justice did not offer details late on Friday about the ruling on the executives, who were sentenced in November 2020. The ninth court of appeals in capital Caracas "confirmed the sentence", the court said in a statement.

The former executives, all naturalized U.S. citizens, were detained by Venezuelan authorities in 2017, accused of signing an unfavorable debt refinancing deal. Washington has repeatedly demanded their release.

Their lawyer, Maria Alejandra Poleo, told Reuters they had not yet been formally informed of the decision.

"We expected the decision, now the Citgo Six are being used as exchange tokens in the political issues of the United States and Venezuela," Poleo said.

© Reuters. FILE PHOTO: The corporate logos of the state oil company PDVSA and Citgo Petroleum Corp are seen in Caracas, Venezuela April 30, 2018. REUTERS/Marco Bello/File Photo/File Photo

Former Citgo president Jose Pereira was sentenced to 13 years and seven months in jail and a $2 million fine, while the remaining five men face terms of eight years and 10 months.

The Venezuelan Ministry of Communication and Information did not immediately respond to a request for comment.

Latest comments

One more regime taking adavantage of the chaotic and weak US leadership, not to mention one with which they share followers.
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