Those people bribe "our" legislators. ...
It looks like Legislators are not the only entity being bribed ...
Citgo Is a Crown Jewel of Venezuela's Oil Industry. Elliott Is Set to Reap the Benefits.
www.msn.com
For activist hedge fund Elliott Investment Management, Nicols Maduro's swift exit comes at an auspicious time.
A U.S. judge in November backed a roughly $6 billion bid by Elliott for Citgo Petroleum, the refining firm owned by Venezuela's state-run company Petrleos de Venezuela, known as PdVSA, in a forced sale to satisfy creditors. Citgo, based in Houston, owns a U.S. network of refineries, pipelines and terminals that some analysts have said could be worth between $11 billion and $13 billion.
The deal was controversial in Venezuela. Maduro's government denounced the proposed sale as fraudulent. The board recognized by the U.S. government as the legitimate overseer of PdVSA's overseas oil assets vowed to fight to keep Citgo under Venezuelan control.
...
Less than two months after receiving the judge's endorsement, Elliott is looking at a more favorable"albeit chaotic"landscape. Maduro is being held in a New York jail. President Trump has sidelined the opposition, accused Venezuela of stealing American crude and said U.S. firms would be strongly involved in its oil industry.
Now, Elliott appears poised to reap the rewards of owning Venezuela's most valuable foreign oil asset.
...
After Maduro's capture, some Republicans have sought to draw attention to Elliott's dealings. Kentucky congressman Thomas Massie, a Trump critic, said Sunday on X that according to Grok, xAI's chatbot, Elliott's billionaire founder Paul Singer "stands to make billions of dollars on his distressed Citgo investment, now that this administration has taken over Venezuela." Massie said Singer, an influential GOP donor, has already spent $1 million to defeat him in the next election.
Last year, Singer gave $1 million to MAGA KY, a super PAC seeking to oust Massie, according to a filing. The investor donated about $8 million to help Trump get re-elected, and he contributed $1 million to Trump's inaugural committee, filings show. ...
[emphasis mine]
