Six Citgo Executives Held in Venezuela Released to House Arrest
May 03 2021, 12:41 AM
May 01 2021, 8:32 AM
May 03 2021, 12:41 AM
(Bloomberg) Six senior executives of Citgo Petroleum Corp. who have been detained by the Venezuelan government since 2017 were transferred from prison to house arrest, according to a person familiar with the matter.
(Bloomberg) Six senior executives of Citgo Petroleum Corp. who have been detained by the Venezuelan government since 2017 were transferred from prison to house arrest, according to a person familiar with the matter.
The person, who was granted anonymity to discuss a sensitive diplomatic issue, said Friday night that the Biden administration considered the release a gesture of good will by the government of President Nicolas Maduro, which is seeking better relations with the U.S.
May 1, 2021 Share
Six American oil executives jailed in Venezuela more than three years ago on corruption charges were granted house arrest on Friday in a gesture of goodwill toward the Biden administration as it reviews its policy toward the politically turbulent South American country.
The partial release of the six employees of Houston-based Citgo was confirmed to The Associated Press by lawyers and family members of the men.
Tomeu Vadell, Jose Luis Zambrano, Alirio Zambrano, Jorge Toledo, Gustavo Cardenas and Jose Pereira were hauled away by masked security agents during a meeting in Caracas just before Thanksgiving in 2017. They had been lured to Venezuela to attend a meeting at the headquarters of Citgo’s parent, state-run oil giant PDVSA.
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