X-Nico

unusual facts about Petróleos de Venezuela



Derwick Associates

Four contracts were awarded by Electricidad de Caracas (which in December 2011 became part of Corpoelec), five by Petróleos de Venezuela SA (PDVSA, with the contract negotiated by Bariven, a division of PDVSA), and one by the Venezuelan Guayana Corporation (CVG).


see also

César Batiz

On February 10, 2012, Batiz reported that Jose Rojas, former Venezuelan finance minister and former Venezuelan representative to the World Bank and International Monetary Fund, had denied any connection to a “fraudulent scheme” engineered by Venezuelan-American financier Illaramendi Francisco and involving funds from Petróleos de Venezuela, S.A. (PDVSA).