The Superintendence of Companies of Colombia, Supersociedades, did not authorize the sale of Monómeros Colombo Venezolanos S.A. to Nitrofert Asset Management S.A.S., considering that the contract does not guarantee “the preservation of the Company as… Colombia’s Supersociedades Rejects Monómeros Sale to Nitrofert Asset Management Over Employment Concerns
The CITGO auction process is unfolding with intense battles, including the high-stakes conflict between Siemens Energy Inc. and PDV Holding Inc. The former seeks to satisfy a hefty court ruling in its favor, while the… CITGO Auction: Siemens Energy and PDV Holding Clash in High-Stakes Texas Court Battle
Photo Archive On February 24, 2025, the Lisbon Appeals Court upheld an arbitration ruling in favor of Canadian mining company Gold Reserve, allowing it to enforce approximately $1.1 billion in Portugal against Venezuela. This decision… Portugal Grants Gold Reserve Permission to Enforce $1.1 Billion Arbitration Award Against Venezuela
The CITGO auction process is underway, with one of the latest actions being the bid presented to United States District Judge Leonard P. Stark of the District of Delaware, regulating the sale, for USD 12,000,000,000… CITGO Auction: Murzuq Oil’s $12 Billion Bid by Libyan Ex-Combatant for Venezuelan Refinery
This week, Donald Trump offered a glimmer of hope to corrupt officials, dubious executives, and envelope manufacturers worldwide. On Monday, the President of the United States signed an executive order to halt the enforcement of… Trump Suspends FCPA: Corrupt Elites Celebrate as US Legal Standards for Business Shift
#BODESTAFA. As of the morning of Wednesday, October 30, there had been no significant news regarding the bankruptcy process of the Bank of Orinoco in Curacao, which directly involves Víctor Vargas Irausquín and his partners… Corruption at Its Peak as Jorge Alfredo Silva Cardona Emerges as Potential Next Fall Guy in Venezuelan Power Struggle
The digital erasure of the Morón Hernández family was so thorough and extensive that they became social media ghosts. There is little left of their businesses, dealings, and relationship with Nicolás Maduro Guerra besides what… Economic and Mining Rise of Santiago and Ricardo Morón Hernández: From Prominence to Digital Oblivion in Venezuela
A civil lawsuit in a New York court has had significant repercussions in the Southern District Court of Florida, where a former member of the House of Representatives faces charges of money laundering and illegal… Former Congressman David Rivera Faces Federal Charges for Money Laundering and Illegal Lobbying Ties to Maduro’s Regime
On July 23, the U.S. Department of the Treasury imposed sanctions on brothers Santiago José Morón Hernández and Ricardo José Morón Hernández for facilitating illegal financial operations supporting the Venezuelan government, marking a significant blow… Venezuelan Journalists “Fresh Lie” and “Queen of Fakes” Accused of Colluding for Bribes in CITGO Corruption Case
There is a record that distinguishes the administrations of Hugo Chávez and Nicolás Maduro from previous governments in Venezuela: the number of international lawsuits filed against PDVSA. The reasons are varied, but it all boils…
Saet Precedent: Key Steps for Legal Action Against PDVSA
U.S. government officials Juan González, Jimmy Story, and Roger Carstens officially traveled to Venezuela over the weekend to speak with Nicolás Maduro. Carstens had previously been in Caracas in early December to discuss the CITGO… US-Venezuela Talks: Why Diplomatic Efforts with Maduro Are Destined to Fail
Putin’s invasion of Ukraine has led to an unprecedented series of measures: Switzerland is set to consider freezing Russian assets; Turkey is contemplating closing the Istanbul Strait to the Russian navy; Germany has announced the… Targeting Putin’s Enablers: A Call for Comprehensive Sanctions Against Russia’s Oligarchs and Their Associates
The case of Cuba, and how decades of failed U.S. foreign policies never achieved the goal of overthrowing that dictatorship, should be essential reading not only for all diplomats at the State Department “in front… How Capitalism Could Revitalize Venezuela: Lessons from Failed U.S. Policies
Calculating the situation here is indeed challenging: “The United States continues to recognize the authority of the democratically elected National Assembly of 2015 as the last remaining democratic institution and Juan Guaidó as the interim… US Recognition of Juan Guaidó: A License for Corruption in Venezuela?
This site delved into a report on the criminal activities of Alex Saab in Ecuador. There is little that we do not already know about Saab. However, there are a couple of surprising claims that… Ex-PDVSA CEO Luis Giusti Linked to Alex Saab’s Criminal Network in Ecuador