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Venezuela oil czar in surprise resignation amid graft probes

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By REGINA GARCIA CANO
Associated Press

CARACAS, Venezuela (AP) — The man responsible for running Venezuela’s oil industry — the one that pays for virtually everything in the troubled country, from subsidized food to ridiculously cheap gas — has quit amid investigations into alleged corruption among public officials. Tareck El Aissami’s announcement Monday was shocking on multiple counts. He was seen as a loyal ruling party member and considered a key player in the government’s efforts to evade punishing international economic sanctions. And he led the state oil company in a Venezuelan business sector widely considered to be corrupt — in a country where embezzelment, bribery, money laundering and other wrongdoing are a lifestyle.

Article Topic Follows: AP National

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The Associated Press

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