Citgo Gets U.S. Subpoena Related to Venezuela Bribery Probe (1)

Citgo Petroleum Corp. received a subpoena from the U.S. Department of Justice stemming from a multi-year investigation into bribery in Venezuela.

The Venezuelan-owned U.S. refiner has pledged full cooperation with the probe, it said June 3 in an emailed statement. “Earlier this year, under the direction of its newly appointed Board, Citgo engaged outside counsel to conduct an independent investigation, and is committed to taking all appropriate remedial actions in response to the findings,” the Houston-based company said.

The subpoena was handed down on May 14, two weeks before Jose Manuel Gonzalez Testino pleaded guilty to paying bribes to win ...