US rejects forced sale of citgo shares but will revisit request in January: Treasury

摘要

The US will reassess early next year whether to allow a forced sale of shares in US refiner Citgo as part of a court fight over Venezuelan debt, according to a Treasury Department letter filed in court records Sept. 15. Andrea Gacki, director of Treasury’s Office of Foreign Assets Control, laid out eight pages of reasons why the US was declining a request by defunct Canadian miner Crystallex to auction Citgo shares to collect on a $1.2 billion judgment related to Venezuela nationalizing its gold mine.