The Venezuelan government on Tuesday rejected the US court-ordered sale of Citgo Petroleum Corporation, calling it a "forced sale" and a "vulgar and barbaric dispossession" of a national asset. Vice President Delcy Rodriguez (pictured) said the operation was carried out "to the detriment of Venezuela's interests."
She argued that Citgo, described as "a valuable asset of PDVSA, [Petroleos de Venezuela, SA]" is being "plundered by the US government through a procedure clearly contrary to the law." Rodriguez also claimed Caracas was excluded from the judicial process due to "US influence over its courts."
Days ago, a US federal judge endorsed Elliott Investment Management's roughly $6 billion bid for Venezuela's shares of Citgo, calling it the most reliable offer to close the sale. The decision pushes the forced sale of the company's prized asset closer to completion, pending OFAC approval.
https://breakingthenews.net/Article/Venezuela-condemns-Citgo's-'forced-sale'/65284012
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.