"An article in the Wall Street Journal,https://www.wsj.com/articles/venezuela-alleges-fraud-in-1-3-billion-oil-rig-lease-1489570201 reports that the Venezuelan authorities are requesting an investigation of five unnamed PDVSA executives for “the embezzlement of public funds, paying inflated fees for the lease of an oil rig”. The rig mentioned by the report of the WSJ is the Petrosaudi SATURN. WSJ added that the investigation was restricted to PDVSA and that Petrosaudi or its employees “were not accused of wrongdoing”.
This WSJ report caught my attention because I have been following the Petrosaudi-PDVSA relationship since 2010 and find that there is sufficient evidence that both Petrosaudi and PDVSA top personnel are involved in the fraud, together with some third party “facilitators”. I have written a recent note about this fraud in my blog, see: http://lasarmasdecoronel.blogspot.com/2017/01/petrosaudi-and-pdvsa-another-great-fraud.html ...."
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