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Jailed Citgo executives ordered to stand trial in Venezuela

1 year 3 weeks 6 days ago Friday, June 07 2019 Jun 7, 2019 June 07, 2019 9:26 PM June 07, 2019 in News - AP Texas Headlines

CARACAS, Venezuela (AP) - A judge in Venezuela has ordered a trial in the case of six American oil executives held for 18 months on corruption charges that have contributed to tensions with the U.S.

During a hearing Friday, judge Rosvelin Gil dismissed a defense request that the six employees of Houston-based Citgo be released from prison and the charges against them dropped. Fifteen previous hearings had been canceled.

The executives, five of whom are American citizens, flew on a corporate jet to Caracas in 2017 to attend a board meeting. Once there they were arrested by masked security agents.

President Nicolás Maduro's government later accused them of embezzlement stemming from a proposal to refinance billions in Citgo bonds by offering up a 50 percent stake in the company as collateral.

Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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