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US based multinational corporate giant Exxon, attempts to lock up US$12 billion worth of Venezuela's assets in a specious legal claim against Venezuela's State owned oil company
Kiraz Janicke Warwick Fry
Kiraz Janicke in a phone interview from Caracas has the details of the attempts by the US based multinational corporate giant Exxon, to lock up US$12 billion worth of Venezuela's assets in a specious legal claim for a few hundred million dollars, against Venezuela's State owned oil company. In retaliation, Venezuelan President Hugo Chavez is threatening to cut off oil supplies to the US - over ten percent of its intake.