Venezuelan oil company PDVSA replaces finance executive over US sanctions

Venezuela’s state-owned oil and natural gas company Petróleos de Venezuela, S.A (PDVSA) has replaced its Vice President of Finance, Simon Zerpa Delgado, reportedly over concerns that US sanctions on him had led to certain oil exports to the US being blocked. Mr Zerpa Delgado was sanctioned by OFAC on 26 July 2017, pursuant to Executive Order 13692,…

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About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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