Gold Reserve Raises Serious Allegations of Corruption in CITGO Auction The Canadian miner Gold Reserve (GRZ.V) has filed a formal complaint in a federal court in Delaware (USA) on Monday, asserting that advisors involved in… Gold Reserve Exposes $170 Million Shadow Payments in CITGO Auction Raising Serious Conflict of Interest Concerns in Delaware
In a landmark ruling that shakes the financial foundations of Nicolás Maduro’s regime, federal judge Katherine Polk Failla of the Southern District of New York (SDNY) ordered Petróleos de Venezuela S.A. (PDVSA) to pay $2.86… Judicial Blow to PDVSA: Court Mandates $2.86 Billion Payment to Bondholders
The judicial auction of CITGO Petroleum Corp., a U.S. subsidiary of PDV Holding Inc., is entering its final days, and a new player has caught the market by surprise. Amber Energy, an affiliate of the… Amber Energy Stirs Controversy with Last-Minute $8.82 Billion Bid for CITGO Amid Ongoing Legal Turmoil
The CITGO auction will conclude on August 18, 2025. In a sweltering summer, Venezuelans will lose the nation’s most significant asset overseas. The crown jewel of the Venezuelan state abroad has been auctioned off. CITGO… Venezuela’s Disastrous Mismanagement Leads to the Auction of CITGO, the Nation’s Most Valuable Asset in the United States