Citgo Sues Vendor For Role In Venezuelan Bribe Scheme

Law360 (May 27, 2020, 2:41 PM EDT) -- Citgo Petroleum Corp. has accused a Venezuelan-American businessman and his company of running a bribery scheme it says caused Citgo to overpay millions of dollars for transactions with its parent company, Petróleos de Venezuela SA.

In a complaint filed Tuesday in Texas federal court, Citgo accused Petroleum Logistics Service Corp., a company it used to help orchestrate transactions with its parent company, of violating their agreement and the Racketeer Influenced and Corrupt Organizations Act by bribing Citgo employees to secure "lucrative" contacts.

The suit also alleges PLS concealed the fact that it was owned by Jose Manuel Gonzalez Testino, who admitted...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!