Two executives from U.S.-based energy companies pleaded guilty Tuesday to foreign bribery charges involving payments to officials at Venezuela’s state oil company, Petroleos de Venezuela S.A. (PDVSA).
Entries in Petroleos de Venezuela (6)
The owner of multiple U.S.-based oil and gas services companies pleaded guilty Thursday to bribing officials at Venezuela’s state-owned energy company to win work and speed up contract payments.
The owner of multiple U.S.-based oil and gas services companies pleaded guilty Tuesday to FCPA and fraud charges for bribing officials to win contracts from Venezuela’s state-owned energy company, Petroleos de Venezuela S.A. (PDVSA).
The U.S. Treasury Department's Financial Crimes Enforcement Network said senior managers at Banca Privada d'Andorra took bribes for several years to help launder money for organized crime groups.
A Venezuelan blogger who now lives in the U.S. has apparently uncovered graft of $700 million on a single contract by state-owned oil giant Petroleos de Venezuela.