Venezuela investigates possible corruption at state metals conglomerate

By:Reuters
Published: Mar 31, 2023, 17:45 CDT•1min read

CARACAS (Reuters) – Venezuela’s attorney general said on Friday he was investigating alleged acts of corruption in state-owned metals conglomerate Corporacion Venezolana de Guayana (CVG).

“The Public Ministry ratifies its commitment to the relentless fight against corruption,” Attorney General Tarek William Saab wrote on Twitter.

Three prosecutors have been appointed to the case, Saab said.

Five officials of the steel and aluminum corporation, including its president, Pedro Maldonado, have been detained by anti-corruption agents, according to the government-linked newspaper Ultimas Noticias.

Prosecutors were already investigating corruption allegations at state oil company PDVSA and a government entity that oversees cryptocurrency transactions, which were led by Tareck El Aissami, one of the government’s most powerful men who resigned as oil minister two weeks ago.

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