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Priapus
South Carolina
Member since Oct 2012
1483 posts
 Online 

Citgo 6 get lengthy prison terms
quote:

Six U.S. oil executives held for three years in Venezuela were convicted and sentenced to lengthy prison terms Thursday.

Known as the Citgo 6, the men are all employees of the Houston-based refining company of the same name, which is owned by Venezuela's state oil company, PDVSA.

Five of the men, Gustavo Cárdenas, Jorge Toledo, Jose Luis Zambrano and Alirio Zambrano, and Tomeu Vadell, all U.S. citizens, were sentenced to eight years and 10 months. Jose Pereira, a permanent resident of the U.S., received 13 years, The Associated Press reports.

Thursday's sentencing is the culmination of a saga that began Nov. 21, 2017, the day the men arrived for what they were told was a sudden business meeting in the country's capital of Caracas. Once in the boardroom, however, military intelligence officers stormed the room. Officers demanded the men hand over passports and other identification cards, and then hauled them off to jail, the AP and the Financial Times report.

They were charged with embezzlement tied to a never-executed proposal to refinance around $4 billion of Citgo bonds. All six maintain their innocence.


NPR


Cosmo
Houston Astros Fan
glassman's guest house
Member since Oct 2003
103440 posts

re: Citgo 6 get lengthy prison terms
Why did these morons fly to Venezuela?


Powerman
LSU Fan
Durham, NC
Member since Jan 2004
147182 posts

re: Citgo 6 get lengthy prison terms
No kidding. We don't have an extradition treaty with them. Could they even do much to them if they stayed here?


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101
jlovel7
USA Fan
Louisiana
Member since Aug 2014
14394 posts
 Online 

re: Citgo 6 get lengthy prison terms
I can’t believe we let foreign governments own some of our companies. Forget foreign private companies (of which there are many) but a foreign government? Why?


BatonRougeBuckeye
Ohio State Fan
Prairieville, LA
Member since Aug 2013
1388 posts

re: Citgo 6 get lengthy prison terms
Where the hell is the State Dept on this?


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81
wileyjones
Member since May 2014
327 posts

re: Citgo 6 get lengthy prison terms
I don’t know anything about this

But I think more executive types, especially bankers, need to go to jail more often


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214
Queen
LSU Fan
383 miles from Death Valley
Member since Nov 2009
2955 posts

re: Citgo 6 get lengthy prison terms
quote:

Why did these morons fly to Venezuela?


They were sent by their company for a “budget meeting.” They were told they’d be home for thanksgiving. As soon as they got in the board room the military came in and threw them in jail.

quote:

State dept


The Vadell family has been fighting for their release for years. I’m sure the other families have too. They have been to DC to get congressional support. The former New Mexico governor (who has negotiated other releases) has been to Venezuela. The Venezuelan government has jerked them around since 2017, even doing things like moving them to some kind of secure house outside the prison, then throwing them back in prison when Trump denounced Maduro. If China is asshoe, so is Venezuela.


Sebastian
Alabama Fan
Member since Jun 2015
2679 posts

re: Citgo 6 get lengthy prison terms
quote:

Houston-based refining company of the same name, which is owned by Venezuela's state oil company, PDVSA.
Que?


SoFla Tideroller
US Marine Corps Fan
South Florida
Member since Apr 2010
19713 posts

re: Citgo 6 get lengthy prison terms
We should have sent the modern day equivalent of "Perdicaris alive or Raisuli dead" to the Venezuelan government.


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10
rattlebucket
LSU Fan
SELA
Member since Feb 2009
9295 posts

re: Citgo 6 get lengthy prison terms
2021 brings Seal team 6 rescues citgo 6


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61
GEAUXmedic
LSU Fan
Premium Member
Member since Nov 2011
39843 posts
 Online 

re: Citgo 6 get lengthy prison terms
Yeah if you buy citgo gas, or work for them you're a piece of shite.


BowDownToLSU
LSU Fan
Livingston louisiana
Member since Feb 2010
14634 posts

re: Citgo 6 get lengthy prison terms
quote:

They were sent by their company for a “budget meeting.” They were told they’d be home for thanksgiving. As soon as they got in the board room the military came in and threw them in jail.
damn sounds like the company knew was going to happen. Guess they saved a lot of money on giving out Christmas bonuses this year


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10
down time
Member since Oct 2013
587 posts
 Online 

re: Citgo 6 get lengthy prison terms
Since PDVSA lost the court cases from exxon and conoco in Houston the US didn't seize the 3 refineries????


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BowDownToLSU
LSU Fan
Livingston louisiana
Member since Feb 2010
14634 posts

re: Citgo 6 get lengthy prison terms
I tell you what if I spent ten years in that shite hole country’s prison. I’m coming back and going head hunting for whoever set me up


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90
stout
Arizona Fan
Smoking Crack with Hunter Biden
Member since Sep 2006
146362 posts

re: Citgo 6 get lengthy prison terms
All I have seen was the alleged crime was fraud. Does anyone know the details of what the fraud was?


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BigDawg0420
Georgetown Fan
Hamsterdam
Member since Apr 2010
5359 posts

re: Citgo 6 get lengthy prison terms
Coming to an American city near you


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41
DarthRebel
USA Fan
Tier Five is Alive
Member since Feb 2013
14816 posts
 Online 

re: Citgo 6 get lengthy prison terms
I feel like there more to the story.

Trump has been pretty good about getting American citizens back, so I feel there is a reason we have not heard more about this.

Maybe they are innocent, sometimes people are not though.


Dire Wolf
Houston Astros Fan
bawcomville
Member since Sep 2008
29485 posts

re: Citgo 6 get lengthy prison terms
The reddit threads great, they actually thinks this is some noble act to save the environment


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idlewatcher
USA Fan
County Jail
Member since Jan 2012
52916 posts

re: Citgo 6 get lengthy prison terms
Just an FYI for the board, CITGO is a wholly owned sub of PDVSA. They just have the US company here which any foreign National can have.


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JDGTiger
LSU Fan
Louisiana
Member since Oct 2020
452 posts

re: Citgo 6 get lengthy prison terms
quote:

I can’t believe we let foreign governments own some of our companies


Uhhh--Citgo is not "some of our companies". Do you want our government to own companies??? Not me.

Personally I am happy the CITGO assets that are in the USA are here as the country loses more and more civil suits. By having assets in the USA those entities that win civil suits against them will have assets to grab.


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