Venezuela detains oil company official in corruption case


Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

CARACAS, Venezuela (AP) — Venezuelan officials say they've arrested a senior manager at the state oil company on corruption charges at a moment when the oil-rich country is struggling with fuel shortages.

The chief prosecutor's office says on its webpage Wednesday that international commerce manager Marco Antonio Malave is accused of conspiring with Petroleos de Venezuela's contractors importing supplies for the domestic market.

It says the 47-year-old official was arrested on March 23. That was a day on which gasoline shortages had caused long lines at gasoline stations in the capital and much of the rest of the country.

Critics say the country's stumbling economy is rife with corruption, much of it centered on the vast, government-controlled oil industry.

Four other company employees were arrested last month for alleged irregularities.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast