Venezuelan opposition repudiates Maduro’s regime for loss of $ 43 million with shares in the refinery

The Venezuelan opposition led by Juan Guaidó criticized this Friday that the Chavist regime should sell their shares in the Dominican oil refinery (Refidomsa) for $ 42.9 million less than what was paid when it was acquired, in order to repay its debt.

Venezuelan state oil company PDVSA bought 49% of Refidomsa’s shares in 2010 for $ 131 million, and sold them 11 years later to the government of the Dominican Republic – which now controls the entire company – for $ 88.1 million.

According to former opposition MP Carlos Valero, This sale is the result of “the corruption of the (Nicolás) Maduro regime”, which was forced “to exchange for its unpaid obligations”, due, according to him, to mismanagement.

“They didn’t sell it to buy food or medicine, but to pay bondholders. Those who accuse others of treason are the same who deliver the goods of the nationValero wrote on Twitter.

On Thursday, the Venezuelan regime’s oil minister, Tareck El Aissami, called the sale “successful”., despite the nearly $ 43 million difference between the purchase price and the sale price more than a decade later, considering that, through the transaction, the “solvency and liability” of the Executive is proven.

“The Bolivarian government of Venezuela and PDVSA successfully conclude the Refidomsa negotiation, and with it the financial commitments contracted with creditors are honored, emphasizing our solvency and responsibility, despite the criminal blockade by the United States, ”El Aissami wrote on Twitter.

In a statement El Aisammi shared on the same social network, he added that the transfer of Refidomsa shares is “In return for the receipt of international debt denominated in foreign currencies, issued by PDVSA and the Bolivarian Republic of Venezuela.”

The text says that “Thanks to this transaction, the Bolivarian Republic of Venezuela and PDVSA are able to reduce their external public debt, and the Dominican State becomes the sole shareholder of Refidomsa ”.

According to the document, “unilateral coercive measures imposed by the government of the United States of America prevented, for the first time in history, that Venezuela and PDVSA respect the financial commitments contracted with many of their creditors ”.

Previously, Dominican Finance Minister José Manuel Vicente told a press conference that the transaction was carried out at a price “advantageous” for the Dominican Republic.

Vicente pointed out that before completing the purchase transaction, the Dominican government consulted with the United States to ensure that the transaction did not exhibit any type of “disadvantages“For the country, because the US administration maintains sanctions against the South American country.

(With information from EFE)

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