Bombshell corruption allegations rock court-managed sale of Venezuelan owned oil refinery

A court approved the sale of Venezuelan-owned Citgo’s parent company to Amber Energy even though another bidder, Gold Reserve, says it offered about $2 billion more. Gold Reserve claims the judge relied on court-appointed advisers who had business ties to the winning bidder, which could make the process look unfair under U.S. law. If an appeals court agrees, the sale could be canceled and the auction may have to be done again with a new judge.