
The Venezuelan government is again accusing its former oil czar of wrongdoing while he oversaw the country’s most important industry, this time alleging he was involved in a multi-billion dollar embezzlement operation during the early 2010s that took advantage of a dual currency exchange system.
Venezuela Attorney General Tarek William Saab on Thursday told reporters that Rafael Ramírez, who oversaw the OPEC nation’s oil industry for a decade as oil minister and president of its state-owned oil company, PDVSA, is wanted on various charges including embezzlement, money laundering and racketeering.