Pedro Cortez
Pedro Cortez was the head of Telefónica's Venezuelan subsidiary, known for his close ties to the company's leadership. His recent dismissal followed a significant scandal involving the payment of illegal commissions to a relative of Nicolás Maduro, which led to a hefty fine imposed by the U.S. Securities and Exchange Commission (SEC) due to fraudulent currency auction practices in Venezuela.
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Venezuela:
Pedro Cortez was the head of the Venezuelan subsidiary of Telefónica.
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