Venezuela releases six Citgo executives, detained in 2017, on house arrest -sources

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FILE PHOTO: The Citgo Petroleum Corporation headquarters are pictured in Houston, Texas, U.S., February 19, 2019. REUTERS/Loren Elliott

CARACAS (Reuters) – Venezuela has granted house arrest to six executives of U.S. refiner Citgo, a unit of Venezuelan state oil company PDVSA, who were jailed on corruption charges in Caracas in late 2017, two sources close to the case said on Monday.

U.S. Vice President Mike Pence and two U.S. senators had called on Venezuela to release Jose Luis Zambrano, Alirio Zambrano, Jorge Toledo, Tomeu Vadell, Gustavo Cardenas and Jose Pereira, citing concerns about their health.

Neither Venezuela’s information ministry nor its chief prosecutor’s office immediately responded to requests for comment.

The executives, some of whom were naturalized U.S. citizens, were arrested after being called into a meeting at PDVSA’s Caracas office. The conditions of their release prevent them from leaving the country, one of the sources said.

A Venezuelan court in June ruled that the six men should stand trial.

Reporting by Angus Berwick and Luc Cohen in Caracas; Additional reporting by Marianna Parraga in Mexico City

This post was originally posted on Reuters: Company News – View Original Article

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About the Author

Have lived and invested in Venezuela full time for the last eight years and visited for each of twelve years prior to that. Studied and closely followed developments in Venezuela since 1996.