U.S. judge confirms validity of Citgo collateral for PDVSA 2020 bonds
A U.S. judge upheld the validity of PDVSA bonds due in 2020, which was secured by a majority stake in U.S.-based refiner Citgo.
Citgo
Read More
U.S. Court Official Recommends Gold Reserve’s Bid in Auction for Citgo Parent
A U.S. court official overseeing the auction of PDV Holdings, the parent company of Citgo Petroleum, has recommended the $7.38 billion bid.
“Interim Government” and “AN 2015” Allegedly Diverted $320 Million from Venezuela’s Central Bank
Venezuelan opposition groups known as the “Interim Government” and the “2015 National Assembly” are alleged to have diverted over $320 million from accounts of the Central Bank of Venezuela (BCV) in the United States since 2019.