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February 12, 2022
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YPFB admits that Arce’s son worked in the state company, but that he never held a position with decision-making power

YPFB admits that Arce's son worked in the state company, but that he never held a position with decision-making power

The Executive President of Bolivian Fiscal Oilfields (YPFB), Armin Dorgathen, admitted that Marcelo Arce Mosqueira, son of President Luis Arce Catacora, worked in the state company. That yes, he denied that he had had a position with decision-making power or that he had held any management within the state oil company.

The executive maintained, according to a report from the ABI agency, that it is false that the son of President Luis Arce Catacora has earned a salary of Bs 50,000 or has been a manager. Moreover, he said that he resigned in September 2021 from the state oil company.

“We are going to give a statement like YPFB, it is false that the son of President Luis Arce Catacora has earned 50,000 bolivianos at some point within YPFB or in a subsidiary of YPFB. The president’s son is a young professional who never held managerial positions, was always in technical positions and worked until September 2021, where he voluntarily resigned from his job at YPFB Corporación, ”said the authority at a press conference.

Dorgathen noted that Arce Catacora’s son is an industrial engineer by profession with a master’s degree. in Hydrocarbon Processes and with more than 10 years of experience in the area of ​​hydrocarbons.

The clarification of the YPFB executive was given in response to assertions from opposition sectors, such as that of deputies from the alliance We Believe, which was replicated through social networks.

In January, the opposition deputy for the Alliance We Believe, Erwin Bazán, pointed out that the privileged situation of the president’s son was an open secret. Moreover, he maintained that several leaders of the Movement Towards Socialism (MAS) referred to him as ‘the boss of Yacimientos’.



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