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Oil operations are seen outside a building of Venezuela's state oil company, PDVSA, in Caracas, Venezuela.

A businessman accused of bribing executives of Venezuela's parastatal oil company pleaded guilty on Wednesday to an alleged plot of bribes worth billions of dollars. José Manuel González Testino pleaded guilty to three counts, including one of a criminal association to violate the Foreign Corrupt Practices Act, the federal attorney's office in Houston said. Prosecutors say Gonzalez paid hundreds of thousands of dollars in bribes to managers representing the oil company owned by the Venezuelan government, PDVSA, and its Houston-based subsidiary, in order to win bids. Gonzalez, 49, has Venezuelan and American nationalities and resides in Miami. His sentencing hearing was scheduled for August 28. Prosecutors say that 21 people have been charged in the case and Gonzalez is the 16th to plead guilty.

 

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