Reported by Marianna Parraga

CARACAS, March 25 (Reuters) – An expanding anti-corruption probe in Venezuela has led to the detention of 10 officials and 11 businessmen, the country’s attorney general said on Saturday, adding that arrest warrants for 11 more people have been issued.

The investigation, which began in October, is focused on state oil company PDVSA, a government entity supervising crypto currency operations, and the judiciary. This week, it led to the resignation of the country’s powerful oil minister, Tareck El Aissami, who had served the government for two decades.

A Venezuelan entity supervising the use of crypto currency for official transactions was assigned oil cargoes for sale with no administrative control, Attorney General Tarek Saab said. Many of the buyers did not pay for the oil correspondingly, he added.

PDVSA has accumulated $21.2 billion in commercial accounts receivable since 2020 including $3.6 billion potentially unrecoverable, documents viewed by Reuters showed this week, after turning to dozens of little known intermediaries to export its oil under U.S. sanctions.

The 21 people arrested face accusations of appropriation of public assets, money laundering, influence peddling and criminal association. Officials involved could also face charges of treason, the attorney general said.

Read full report: https://www.reuters.com/world/americas/venezuela-arrests-21-corruption-crackdown-11-more-wanted-2023-03-25/