Venezuela lawmaker asks SEC to probe Goldman’s PDVSA bond deal

June 22, 2017

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The head of Venezuela’s National Assembly asked US authorities to investigate a $2.9-billion bond deal involving Goldman Sachs Group and Nomura Securities, saying the transaction fleeced the country for the benefit of political elites. Julio Borges, an opponent of President Nicolas Maduro, addressed letters to the US Securities and Exchange Commission, the Financial Crimes Enforcement Network and Financial Industry Regulatory Authority asking officials to undertake a probe. The letters were posted by opposition lawmaker Angel Alvarado, a member of the National Assembly’s Finance Committee.

Category: General