Skip to main content

The Citgo conspiracy: Opposition figures accuse Guaidó officials of ‘scam’ to liquidate Venezuela’s most prized international asset

Venezuela’s opposition has long accused the Bolivarian government of corruption and mismanagement. But with Citgo on the verge of liquidation, Guaidó’s officials are too incompetent — or too devious — to save it.

by Anya Parampil

Part 5 - A growth lab for Venezuela’s US-backed opposition

Hours after Venezuela’s Attorney General opened a criminal investigation into Hernández’s relationship with Crystallex, Guaidó’s US-based officials launched into a chorus of praise for their embattled colleague.

In my professional career I have never worked with someone more capable, more hardworking, more dedicated, more knowledgeable about legislation, and more honest than Attorney General Hernández,” vowed Ricardo Hausmann, Guaidó’s ambassador to the Inter-American Development Bank.

Hausmann is the neoliberal Harvard economist previously exposed in The Grayzone for raking in fees from big banks and repressive and theocratic governments while attacking banks that work with Venezuela’s elected government.

Hausmann proclaimed on Twitter: “The attacks against him are based on lies and false conflicts of interest.

The economist continued with the rousing defense of his friend, referring to Hernández by a nickname: “Venezuela must thank Nacho a lot for his contributions to the decisions of the National Assembly since 2015, for the many legal decisions of the Presidency of Juan Guaidó, [and] for his defense of more than 40 lawsuits against the Republic. Thanks Nacho.

Guaidó’s US envoy, Carlos Vecchio, seconded Hausmann’s glowing endorsement, tweeting, “quite so, Ricardo Hausmann. The Attorney General has been an honest professional who has contributed greatly to protect our assets and join efforts to cease usurpation.

Hausmann and Vecchio’s defense of Hernández came as no surprise, as the bond between the three men extended far beyond their service in Guaidó’s shadow administration.

The three officials were each affiliated in various capacities with Harvard’s Kennedy School of Government, an elite training ground for future leaders of US-backed political movements across the globe. Vecchio completed a masters degree on the dime of the US government at the Kennedy School in 2000, the same year that Hausmann joined the university as a professor of economics. 

Hausmann currently runs The Growth Lab, an offshoot of Kennedy’s Center for International Development (CID) that “works to understand the dynamics of growth and to translate those insights into more effective policy making in developing countries.” Hernández works directly under Hausmann at The Growth Lab, having enjoyed a CID fellowship since 2017. 

CID’s funders include The US International Trade Commission (USTR), MasterCard, and George Soros’ Open Society Foundation. The CID also receives support from the Center for Global Development, a think tank chaired by Clinton-era Treasury Secretary Larry Summers which is itself backed by the Gates Foundation, Exxon Foundation, and the Ford Foundation.

For his part, Hausmann insisted to The Grayzone, “Guaidó and his team will do everything they can to prevent the loss of CITGO that is in danger because of the recklessness of Chavez and Maduro. Making Guaido, Jose Ignacio Hernandez or me responsible for the vulnerability in which Maduro has put all assets abroad is absurd. If we wanted to lose CITGO, inaction would be enough.

He added, “The idea that I want to liquidate Citgo is ridiculous and false.” 

When this reporter followed up by asking Hausmann about Guaidó’s decision to appoint the board of PdVSA’s subsidiaries and Hernández’s involvement in the Crystallex case, Hausmann blocked them on WhatsApp.

But Venezuela’s Harvard boys were not the only voices of support Hernández found among Guaidó’s top US officials. In case anyone still questioned the lawyer’s honesty, Guaidó’s representative at the Organization for American States, Gustavo Tarre, penned a long letter touting the fact he had once worked closely with Hernández’s father as a testament to his character.

Source, links:


Related:





Comments

Popular posts from this blog

Why are Israeli war criminals hiding out in Patagonia?

The Grayzone   The Grayzone 's Oscar Leon examines reports of Israeli veterans of Gaza hiding out in the Patagonia region of Argentina, a country governed by a hardcore supporter of Israel who has forged close ties to messianic networks and the government of Benjamin Netanyahu. To place the issue in a wider context, Leon spoke to veteran Argentine journalist Sebastian Salgado, and Santiago Cuneo, a former boss of Milei and now one of his fiercest opponents. 

BRICS expands to majority of world population: Vietnam joins, USA fails to divide China & Vietnam

Geopolitical Economy Report   BRICS has expanded to 20 countries - 10 members and 10 partners - after adding Vietnam. BRICS+ now makes up 43.93% of world GDP (PPP) and 55.61% of the global population. Ben Norton explains how the US failed to divide China and Vietnam in the Second Cold War. 

Funcionario de Trump: el director de la CIA “toma dictado” del Mossad sobre Irán

Un funcionario de la administración Trump le cuenta a The Grayzone que el Mossad israelí está usando al director de la CIA, John Ratcliffe y al jefe del CENTCOM, general Michael Kurilla, para influenciar a Trump con inteligencia manipulada sobre el programa nuclear iraní. Dentro de la Casa Blanca, los disidentes han sido aislados, preparando el terrenno para una guerra de cambio de régimen que pudiera costar vidas estadounidenses.   Max Blumenthal and Anya Parampil  Parte 4 - La jefa de gabinete aísla a Trump con “el general favorito de Israel”   El funcionario de la administración le contó a The Grayzone que la jefa de gabinete de la Casa Blanca, Suzie Wiles, se aseguró de que el presidente permaneciera rodeado por Ratcliffe y el general Michael Kurilla en los briefings relacionados con Irán. Se dice que Ratcliffe toma dictado del Mossad y lee los documentos que ellos prepararon al presidente sin ningún sentido de desapego crítico, o revelar que las valoraciones provinie...

Trump Welcomed a War Criminal to the White House

Senator Bernie Sanders   Benjamin Netanyahu has been indicted as a war criminal. His government is systematically killing and starving the people of Gaza. He will be remembered as one of the monsters of modern history. And Trump welcomed him to the White House.  

As Trump threatens BRICS, it grows stronger, resisting US dollar and Western imperialism

Geopolitical Economy Report   US President Donald Trump has threatened heavy tariffs on BRICS, claiming the organization is "dead", but it is actually growing in size and influence. 10 members and 10 partners participated in the 2025 BRICS summit in Brazil, where they discussed plans for dedollarization, trade and investment in national currencies, and how to create a more multipolar global order. Ben Norton explains.     Related:   Trump's tariffs: A unique opportunity for BRICS and the Global South to fully escape from dollar tyranny

SHOCKING Outburst in EU Parliament: ‘Isráel Must Be Held Accountable!

The Africa News Network  

Israel is responsible for one of the cruelest genocides in modern history

UN Palestinian Rights Committee   In her address to the Human Rights Council on 3 July 2025, Francesca Albanese, the UN Special Rapporteur on the situation of human rights in the Palestinian territories occupied since 1967, warned of a genocide unfolding in Gaza and the West Bank.    She described the situation as “apocalyptic,” stating that “Israel is responsible for one of the cruelest genocides in modern history.”    With over 200,000 Palestinians reported killed or injured and the real toll “far higher,” she accused Israel of dismantling humanitarian aid in Gaza, replacing it with a “so-called 'Gaza Humanitarian Foundation' [that] is nothing else than a death trap.”    She emphasized that this was not an isolated crisis but part of a decades-long “settler colonial project of erasure” that has intensified in recent months through military force, starvation, and mass displacement. Albanese condemned the deep complicity of corporate and state actors i...

Jeremy Corbyn: Gaza, Nuclear War & Why Movements Must Rise Now

Empire Files   Abby Martin sits down with MP Jeremy Corbyn in Bogotá during The Hague Group summit on Gaza. They discuss the limits of electoral politics, the danger of nuclear weapons, the central role of the US and UK in the Gaza genocide, and more.  

US gov't is very afraid of BRICS and dedollarization, Trump insiders reveal

Geopolitical Economy Report   Close Donald Trump allies like Steve Bannon say "the president is pissed every time he looks at the BRICS de-dollarization effort". The US government fears the Global South's challenge to the exorbitant privilege of the dollar. Trump is trying to make an example out of Brazil, threatening high tariffs to punish Lula da Silva, who promotes a multipolar world and a new global reserve currency. Ben Norton explains.     Related:   Trump's tariffs: A unique opportunity for BRICS and the Global South to fully escape from dollar tyranny 

Israel Guilty Of SYSTEMATIC Sexual Violence Against Palestinians! – U.N. Confirms

The Jimmy Dore Show   A recent UN report titled "More Than a Human Can Bear" details systematic sexual and gender-based violence committed by Israeli forces and settlers against Palestinians since October 7. The report documents harrowing accounts of abuse, including rape, torture, and sexual humiliation of detainees—both men and women—by Israeli military and prison personnel. As Jimmy Dore points out, despite extensive evidence and testimonies, U.S. media and political figures have largely ignored or downplayed these findings, while continuing to repeat debunked claims about Hamas.