Caracas warned that the OFAC license violates Venezuelan and international law and that no country’s assets are safe on US territory. According to Robert B. Pincus, the Delaware court-appointed “Special Master” tasked with securing the US government greenlight for CITGO’s sale, the auction process could begin in September with the highest bid reviewed in June 2024. They have received conditional approvals to tag their claims potential CITGO auction. On Wednesday, Venezuelan Vice President Delcy Rodríguez accused Washington of committing “the theft of the century” by authorizing the subsidiary’s auction process in order to benefit Western economic interests represented by corporations. “A week before [the OFAC license approving the sale] one of the greatest traitors that this homeland has ever seen fled to the United States.