Venezuela's Guaido aims at control of PDVSA, Citgo as U.S. imposes sanctions - Dealers Care

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Tuesday, 29 January 2019

Venezuela's Guaido aims at control of PDVSA, Citgo as U.S. imposes sanctions

By Corina Pons and Marianna Parraga (Reuters) - Venezuelan opposition leader and self-proclaimed president Juan Guaido ordered congress on Monday to appoint new boards of directors to state oil company PDVSA and U.S. subsidiary Citgo, shortly before the United States imposed sanctions on the firm. The moves were aimed at intensifying pressure on President Nicolas Maduro, who was re-elected last year in a contest widely seen as fraudulent.

from Latest News Business on Firstpost http://bit.ly/2DFvSVH

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