Venezuela’s government has named Asdrubal Chavez, a former oil minister and cousin of the late leader Hugo Chavez, as the as the new president of U.S.-based refiner Citgo a day after authorities arrested the president and six board members of the company.
They took the executives, four of which were reportedly American citizens, into custody at a company function in Caracas on Tuesday, Nov. 21 under the pretense of an anti-corruption probe.
