Venezuelan Officials Arrested for Graft in State Oil Company

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Venezuelan police have arrested a deputy minister and nine officials from state oil company PDVSA for allegedly doctoring crude production figures, the state prosecutor’s office said Monday.

Attorney General Tarek William Saab told reporters that the deputy minister, Luis Ramon Mendoza, was arrested with the others over the weekend in a swoop carried out in several regions by the counter-intelligence directorate.

He said the cost of the corruption amounted to more than $1.15 billion.

The irregularities date from when Mendoza, a deputy planning minister in the government of President Nicolas Maduro, was a deputy operations manager at a PDVSA unit in the east of the country.

Read the original article here: manilatimes.net


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