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Venezuela: Former execs of state oil company PDVSA arrested

Staff Writer | December 1, 2017
Venezuelan former oil minister, Eulogio Del Pino, and the president of the state oil company PDVSA, Nelson Martínez, were arrested Thursday, accused of being part of a corruption network.
Eulogio Del Pino
LatAm   Eulogio Del Pino
According to the general prosecutor Tarek Willam Saab, the arrests are part of a series of corruption investigations at the state-owned Petróleos de Venezuela.

"Today a series of apprehensions and arrests are happening in another plot that has to do with corruption in PDVSA," told Saab in a news conference.

The investigations due to irregularities in the Orinoco Oil Belt (the region with the most oil reserves in the world), have revealed a broad corruption pattern.

"We will go to the bottom with everything of PDVSA subsidiaries, we have the support of the head of State and the workers," he added.

Among the alleged irregularities, mafia groups were found distorting the numbers and abnormalities within the oil company Citgo, a subsidiary of US PDVSA, for which high officers in the oil industry are being investigated.