Venezuela rejects arbitrary decision in case of Citgo Petroleum company belonging to PDV Holding, company owned by Petróleos de Venezuela, S.

The Bolivarian Republic of Venezuela denounces to the country and to the international community the illegal order issued by the judge of the Delaware District of the United States of America, Leonard Stark, which establishes a set of procedures for an alleged judicial sale of the shares of the Venezuelan state-owned company Citgo Petroleum, belonging to PDV Holding, a company owned by Petróleos de Venezuela, S.A. (PDVSA).

The Venezuelan State categorically rejects this reckless decision, vitiated by arbitrariness and veiled by the judge who dictates it, who, aligned with the company Crystallex International Corp. (Crystallex), is part of the international network, That responds to the hegemonic and imperial power of the United States of America, thus deepening its multiform war and its claim of shameless and indiscriminate plundering of the assets of the Venezuelan people.

This decision, in violation of international law, constitutes a new escalation of illegal maneuvers, in complicity with the usurpers Juan Guaidó and José Ignacio Hernández, who acted in collusion with the US authorities and through procedural fraud, In those that prevent the nation from the presence of its legitimate representatives, they intend to justify the looting and dispossession of assets to the Venezuelan nation to be handed over to foreign powers.

The Bolivarian Republic of Venezuela alerts the international community to the implementation of actions of this nature, as they set a dangerous precedent that could represent the beginning of a dark period, relating to the vulnerable foreign investment scheme in the United States, in which the right of a sovereign State to its assets and interests is unknown, all this, to the detriment of the interests of countries and international investment sectors.

Venezuela will never renounce the legitimate defense of its rights and reserves the relevant actions before the international bodies and mechanisms that assist it, with the firm commitment to rescue and preserve the heritage of the Republic whose only owner is the Venezuelan people.

Caracas, October 12, 2022.