RIO DE JANEIRO, BRAZIL - The Venezuelan government rejected a recent decision by a U.S. court that authorized the sale of shares of Citgo, a subsidiary of state-owned Petroleos de Venezuela (PDVSA) to satisfy creditors of Venezuela, calling it "procedural fraud."
Citgo Petroleum Corporation is a United States-based refiner, transporter and marketer of transportation fuels, lubricants, petrochemicals and other industrial products. Headquartered in Houston, Texas, it is majority-owned by PDVSA.
"Venezuela denounces and deeply rejects the actions of the government of Donald Trump, in complicity with a stronghold of Venezuelan extremists who, acting in collusion, have committed . . .