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[$$] US judge allows Crystallex to seize Venezuela’s Citgo

Gideon Long in Bogotá

Venezuela’s efforts to stay afloat financially have suffered another blow after a judge in the US gave a Canadian mining company permission to seize the shares of the Venezuelan holding company that owns Citgo, a US oil refiner. The case dates back to 2011 when Venezuela nationalised Las Cristinas, a gold reserve owned by Crystallex.