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Former Venezuelan oil minister arrested on suspicion of connections to the US | Latest update on Nicolas Maduro’s administration


Former Venezuelan oil minister Pedro Tellechea has been arrested for allegedly facilitating the illegal delivery of control systems to a company controlled by US intelligence services through the state-run oil company PDVSA. Tellechea resigned just days before his arrest, citing health problems. This arrest is part of a larger crackdown on corruption within Venezuela’s troubled energy sector, with previous high-level officials being arrested for similar offenses.

The arrest comes amidst ongoing political tensions in Venezuela, where protests erupted accusing President Nicolas Maduro of voter fraud. The country’s oil industry, once a major source of revenue, has been plagued by mismanagement, sanctions, and plummeting production levels. This has led to a wave of corruption probes and arrests of top oil executives.

In recent years, Venezuela has seen over 200 arrests related to corrupt schemes within PDVSA, including former petroleum ministers Eulogio del Pino and Nelson Martinez, who faced corruption charges. Martinez later died in prison, while another ex-oil minister, Rafael Ramirez, is wanted by authorities and currently at large in Italy. The country has struggled to maintain its once-thriving oil industry, now producing less than one million barrels a day.

Despite these challenges, international oil giants like Chevron and Repsol have been allowed to continue operations in Venezuela through independent licenses from the US. The arrest of Tellechea is just the latest in a series of scandals highlighting the deep-rooted corruption and mismanagement within the country’s energy sector.

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Photo credit www.aljazeera.com

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