Venezuela arrests: An anti-corruption crusade or political purge?

Philippines News News

Venezuela arrests: An anti-corruption crusade or political purge?
Philippines Latest News,Philippines Headlines
  • 📰 theSundaily
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Venezuela has launched an anti-corruption probe of state oil firm PDVSA and other related government bodies that has seen 51 people arrested. theSun theSundaily crime corruption politics Venezuela

The Attorney General of the Republic of Venezuela, Tarek William Saab, gives a press conference related to recent arrests for corruption scandals, at the headquarters of the Public Prosecutor’s Office in Caracas on April 5, 2023. AFPPIX: Venezuela has launched an anti-corruption probe of state oil firm PDVSA and other related government bodies that has seen 51 people arrested, including top government officials.

Others are Pedro Maldonado, the president of the corporation responsible for exploiting minerals such as gold, diamonds, iron and bauxite, and Nestor Astudillo, head of the state Orinoco Steel company.Saab said on Wednesday “there could be more arrests.”“It’s a political purge,“ political scientist Ana Milagros Parra told AFP. “You shouldn’t view it as anything extraordinary.”

“When you see the opportunity to get rid of an opponent or a faction, then you get rid of them because power is a zero-sum game.” One of those arrested, Joselit Ramirez, was in charge of the entity that manages oil industry funds through crypto assets, a key policy used by the South American country to circumvent US sanctions.This is not the first scandal or investigation linked to Venezuela's multibillion-dollar oil industry.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

theSundaily /  🏆 25. in MY

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investment scam victims want SC to probe companiesInvestment scam victims want SC to probe companiesKUALA LUMPUR: The schemes by several companies looked convincing and at first, “investors” did get their returns, but before long, they found their life savings gone and some even went into depression.
Read more »

KL Tower probe: Company director pleads not guilty to RM7.5mil graft chargeKL Tower probe: Company director pleads not guilty to RM7.5mil graft chargeKUALA LUMPUR: A 49-year-old company director has claimed trial at the Sessions Court here to offering some RM7.5mil in bribes in the span of 15 years, said to expedite the process of taking over the management and concession of Menara Kuala Lumpur (KL Tower).
Read more »

SC urged to probe firms for allegedly cheating through investment scamsSC urged to probe firms for allegedly cheating through investment scamsKUALA LUMPUR: A group of investors are calling on the Securities Commission (SC) to investigate several companies for allegedly cheating them of their life savings through investment scams.
Read more »

KL Tower probe: Company director pleads not guilty to RM7.5mil graft chargeKL Tower probe: Company director pleads not guilty to RM7.5mil graft chargeKUALA LUMPUR: A 49-year-old company director has claimed trial at the Sessions Court here to offering some RM7.5mil in bribes in the span of 15 years, said to expedite the process of taking over the management and concession of Menara Kuala Lumpur (KL Tower).
Read more »

KL Tower probe: Company director charged with corruptionKL Tower probe: Company director charged with corruptionKUALA LUMPUR: A company director was charged at the KL Sessions Court with corruption related to management of KL Tower.
Read more »

Cops nab man to help in probe into viral video of damaging propertyCops nab man to help in probe into viral video of damaging propertyIPOH: Police have nabbed a man to help in investigations related to a viral video on social media since yesterday, showing a man breaking a glass wind...
Read more »



Render Time: 2025-04-28 04:15:34