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 9 - Running Venezuela’s “government” through WhatsApp

Seven months since the US recognized Juan Guaidó as President of Venezuela, the young politician has yet to win control of any tangible government ministry or assemble anything close to resembling a proper cabinet.

Instead, Guaidó has leaned on a group of far more experienced, well-connected operatives to serve as his representatives in the US. His blind faith has provoked fellow members of Venezuela’s opposition to warn that he may soon land on face-first on catastrophic failure.
 
I have not been able to reach him on this issue,” Jorge Alejandro Rodríguez said of Guaidó. He said that he had also admonished Venezuelan lawmakers not to leave the country’s interests “in the hands of Mr. Hausmann, who has been away from Venezuela for twenty five to thirty years, Mr. Hernández, who left the country ten years ago, and Mr. Vecchio, who left the country” in 2015.

I am more pessimistic as days pass by, but I do keep alive in my heart the hope that some people will come to their senses, people like Guaidó,” the veteran financial analyst reflected. “I hope he realizes it before we definitely and finally lose [Citgo].” 

Francisco Rodríguez, who ran Venezuela’s equivalent of the Congressional Budget Office between 2000 and 2004, believes the Citgo crisis is symptomatic of a wider problem. He hopes that Venezuela’s National Assembly puts in a greater effort to ensure transparency from Guaidó and his overseas team.

I have advocated that the National Assembly take its oversight role seriously here,” he explained, describing Guaidó’s administration as “a very odd government” due to the lack of internal and external control mechanisms that are commonplace in normal governing bodies.

It’s a government that is subject to absolutely no control. They’re not controlled by any judiciary,” he said. “There is no budget, no accountability and no oversight.  These guys are running the Venezuelan government on WhatsApp chats and gmail accounts.

According to Francisco Rodríguez, even what he describes as “mainstream opposition” parties with a “more moderate background,” such as Democratic Action and A New Era, are deeply concerned about the risk of potential misdealings within the Guaidó regime.
 
It’s not an issue of honesty, it’s an issue of incentives,” he stated. “If you put in a government with absolutely no oversight over its management of resources, you’re bound to have corruption scandals emerge.” But unfortunately, he said, their desire for accountability is restricted by opposition “hardliners” who accuse all critics of simply “playing Maduro’s game.

Whether or not Crystallex, Exxon, or another group of creditors and corporations emerge as the big winner, if Citgo is liquidated there will be only one loser: the Venezuelan people.

***

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.