The special attorney of the Republic, José Hernández, denounced that Nicolás Maduro’s dictatorship intends to hand over PDVSA assets, belonging to the State, to foreign bondholders in exchange for new loans for affairs of the regime.
“Today they intend to repeat the same strategy, handing over PDVSA assets, including the Amuay refinery, to third parties and foreign governments, in a clear de facto privatization that is unconstitutional,” warned Hernández in a message published on his Twitter account.
The Venezuelan special prosecutor recalled that “the handing over of PDVSA assets to third parties, in violation of the Constitution, is not a new idea of Maduro’s regime. On the contrary, such handovers began in 2016, when Maduro gave in guarantee in favor of foreign bondholders, the majority of shares of Citgo, with the PDVSA Bond 2020”.
In this sense, he added that on that occasion “the National Assembly opposed placing Citgo as collateral in favor of foreign bondholders in the Agreement of September 27th, 2016. The decision was only opposed by the deputies of Maduro’s regime”.