Ex-Venezuelan oil minister asks U.S. court to set aside $1.4 billion judgment

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Ex-Venezuelan oil minister asks U.S. court to set aside $1.4 billion judgment
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Former Venezuelan Oil Minister Rafael Ramirez asked a federal judge in Houston o...

FILE PHOTO: Venezuela's representative to the United Nations Rafael Ramirez is seen as he attends a meeting with Venezuela's Foreign Minister Jorge Arreaza during a meeting of accredited diplomatic teams in Caracas, Venezuela August 12, 2017. REUTERS/Carlos Garcia Rawlins/File Photo

Ramirez, who was Venezuela’s oil minister for 12 years and later served as its foreign minister and U.N. ambassador, said Harvest Natural Resources Inc and HNR Energia BV had failed to properly serve him notice of the lawsuit. Dane Ball, a partner with law firm Smyser Kaplan & Veselka LLP, which represents Harvest, declined to comment.

Harvest’s suit claimed Venezuela had refused to allow the company to sell its assets in the country since 2012, leading it to lose $472 million. It accused Ramirez and others of seeking a $10 million bribe to approve the transaction.

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