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Former Citgo Oil Executives Sentenced in Venezuela

RIO DE JANEIRO, BRAZIL - (AFP) Six US-connected former oil company executives have been sentenced to between eight and 13 years in prison, Venezuela's Supreme Court said Thursday, November 26th. The company's former president, Jose Pereira Ruimwyk, a Venezuelan national with US residency, was jailed for 13 years and seven months on charges including embezzlement and conspiracy, the court said. He was also fined US$2 million.

The other five men, all of whom were company directors and dual US-Venezuelan nationals, were each jailed for eight years and 10 months.

One of the men's lawyers told . . .

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