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Venezuelan president orders oil giant to clean out corruption

Xinhua, January 30, 2017 Adjust font size:

Venezuelan President Nicolas Maduro on Sunday announced state-owned oil giant PDVSA would have a new management team and demanded that the company root out corruption.

During his weekly TV show, "Sundays with Maduro," he confirmed that Eulogio Del Pino will remain as PDVSA president, and added that the new team will help him execute the transformation plan Venezuela is carrying out for its oil industry from 2016-2025.

"We must clean out corruption from all areas ... at all levels of our beloved industry. We must make a deep cleaning of the corruption dwelling there," said Maduro.

"I ask for the help of the oil workers to strongly defeat corruption," said the president, while asking Del Pino "to concentrate on heading up this transformation plan."

To help with this process, Maduro also announced that a new executive vice-president position has been created in PDVSA to "support the coordination of this powerful corporation." Endi