Venezuela disowns alleged “ruling” by US judge in favor of ConocoPhilles of up to 8.7 billion dollars

Venezuela categorically rejects the alleged decision of a United States (US) judge, who this Monday executed an “arbitration award” of up to 8.7 billion dollars in favor of the ConocoPhillies transnational and to the detriment of the assets of all Venezuelans.

Through an Official Communiqué, the Chancellory of the Bolivarian Republic of Venezuela, denounces the forging of an alleged judicial ruling, violating the right of the nation to defend its assets, property and resources with the complicity of Venezuelan stateless extremists, including Juan Guaidó and José Ignacio Hernández who, acting in collusion with foreign agents, intend to favor ConocoPhillips.

Venezuela denounces to the world this irrational, illegal and violative action of international law, whose intention is to consummate the intricate plot of corruption that facilitates the delivery of Venezuelan assets to foreign powers.

Below is the full communiqué:

The Bolivarian Republic of Venezuela categorically rejects the decision issued today by a Judge of the Washington State Court, in which ConocoPhillips is authorized to execute an arbitration award for up to USD 8.7 billion to the detriment of the assets of all Venezuelans.

This unfair decision has been forged by violating the Bolivarian Republic of Venezuela’s right to defense and in complicity with Venezuelan extremists including Juan Guaidó and José Ignacio Hernández who, usurping public functions, acted in collusion to favor ConocoPhillips in the case in point.

With this irritating and illegal decision, it is intended to consummate a step in the intricate plot of corruption that facilitates the delivery of Venezuelan assets to foreign powers, through procedural fraud where the legitimate representatives of Venezuela are prevented from fully and effectively defending the interests assets of the Bolivarian Republic of Venezuela and PDVSA, through the imposition of unilateral coercive measures.

In this sense, we make a call to the international community about the obvious maneuvers with which they intend to justify the plunder and fraud against a sovereign nation. With this measure, the United States not only violates International Law, it also highlights the absence of guarantees and justice for any Nation.

The Bolivarian Republic of Venezuela will never renounce the legitimate defense of its rights and interests in the corresponding instances, and ratifies that it will continue actively with the legal actions against the stateless persons who participated in this fraud, with the firm commitment to preserve the patrimony of the Republic whose only owner is the Venezuelan people”.

Caracas, August 22, 2022