Pocaterra, a finance executive who joined the Citgo board a month ago, replaces former Chairperson Luisa Palacios, who stepped down in October and remained a director.
The Houston-based company is owned by Venezuela, but its leadership split with the government of President Nicolas Maduro, whose 2018 reelection was widely denounced as a sham. Its board is confirmed by Venezuelan lawmakers who recognize Juan Guaido as the country’s legitimate leader. Maduro accuses the opposition of “stealing” Citgo and considers Guaido a U.S.-backed puppet.
Stolen property from PDVSA
Shame on oil producers, you are destroying our future/planet/climate!
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