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Sunday, 22 April 2018

Venezuela arrests two Chevron executives in ongoing anti-corruption probe

venezuelanalysis.com

Two Chevron employees were arrested in the Venezuelan city of Puerto La Cruz on Monday, as part of the Bolivarian government’s ongoing anti-corruption drive.

Begun last September, Venezuela’s hardline campaign against corruption and influence peddling has led to legal action against dozens of employees and executives in the state oil sector, but these are the first arrests targeting personnel from a private foreign company.

According to sources interviewed by Reuters, agents of the Bolivarian Intelligence Services (SEBIN) raided PetroPiar’s Puerto la Cruz offices, located in the northeastern Venezuelan state of Anzoategui, to make the arrests.

PetroPiar is a 70/30 joint venture between state oil company PDVSA and Chevron, the largest US oil company operating in Venezuela today. One of the detained men, Carlos Agarra, is a chemical engineer recently relocated to Venezuela from Chevron’s Argentina operations, while the second detainee, Rene Vasquez, is a procurement advisor.

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