Citgo audit vice-president Vladimir Noriega Tuesday described
as pathetic the situation facing the subsidiary of state-run
oil company Pdvsa in the United States.
His remarks came during an enquiry before the National Assembly
Comptroller Subcommittee investigating alleged irregularities
in Pdvsa Services.
When asked about the managerial performance of Citgo former
president Luis Marín, Noriega ensured that Marín
implemented Citgo rescue plan by "resuming the path Citgo
had to take," as the subsidiary was completely isolated from
Noriega claimed that in 2002 Citgo spent USD 718 million
"nobody knows in what." In this regard, he claimed that a
company was created to control Citgo investments.