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
Amid the hectic process of the CITGO auction, Horacio Medina, president of the Ad Hoc Administrative Board of PDVSA, assured that the funds from the Venezuelan refinery in the United States were not used to… CITGO Auction: Horacio Medina Accuses Interin Government of Misusing Refinery Funds for Political Gain
Black Lion Capital Advisors emphatically stated that neither Juan Guaidó, leading the interim government, nor Carlos Jordá, CEO of the refinery, nor Horacio Medina, president of the Ad Hoc Administrative Board of PDVSA, acted diligently… Albemarle Capital accuses Guaidó, Jordá, and Medina of negligence in preventing CITGO auction
Former PDVSA employees, represented by attorney Leroy Garrett, have requested the Delaware Court to intervene in the CITGO auction. This request is based on Federal Rule of Civil Procedure 24. The 23,000 victims of what… Ex-PDVSA Workers Demand Court Intervention in CITGO Auction Amid Corruption Allegations
The CITGO auction process is full of various situations, including a court motion requesting an investigation into the alleged irregularities committed by the Ad Hoc Board of PDVSA. This action was presented by the victims… Ex-Employees Demand Suspension of CITGO Auction Amid Government and PDVSA Board Corruption Allegations
The CITGO auction, a valuable energy asset of Venezuela on U.S. soil, has sparked significant concern regarding the sovereignty of the nation. Beyond political allegations, who are the real culprits behind the impending transfer of… CITGO Auction Exposes the Perilous Legacy of Venezuelan Leadership and Shared Accountability
The irregular relationships and dealings of the Pedro Sánchez government seem to extend beyond just chavismo and the infamous Delcygate, as they also involve members of the Venezuelan opposition, particularly the interim government and its… Sánchez Government’s Corruption Uncovered: Intricate Links with Guaidó’s Oil Deals Exposed in Leaked Recordings
Even though many thought it was a thing of the past, the National Assembly of 2015 is receiving unfrozen funds from the OFAC, a department of the United States Treasury that will provide USD 10… Asamblea Nacional 2015 Renews Funding Amid Corruption Allegations and Controversial Decisions