All news on the topic: PDVSA

Venezuela is set to reveal a $240bn debt pile, much higher than previously thought, as the country embarks on the biggest sovereign restructuring in history following the US removal of Nicolás Maduro.

Newly released documents show businessman Francisco D’Agostino visited Jeffrey Epstein’s private island, and advised his investments in PDVSA, Venezuela’s state oil company.

The combined 26 years of rule by Nicolás Maduro and his predecessor Hugo Chávez turned Venezuela into the Islamic Republic of Iran’s main ally outside the Middle East.

The investigation by the Portuguese prosecutor’s office into the so-called BES / Venezuela case concluded last year and produced only some accusations against former directors of the bank that collapsed in 2014.