Another Possible Embezzlement: Find Bs 1 Billion Irregularities in Ypfb
5 Articles
5 Articles
Fact Sheet: An internal audit at YPFB Refining revealed irregularities involving 1 billion bolivianos due to contractual maneuvers with Indueste. The investigation indicates that the state-owned company was used as a "financial bridge" to benefit individuals close to the Arce family. Tap to see the full context. Context: The audit detected contractual maneuvers with Indueste, initiated with strategic modifications to internal regulations before …
Meanwhile, the manager of YPFB Refinement, Achilles Pfeiffer, reported that an internal audit of the current administration identified irregularities in a soy oil supply contract for biodiesel production in Santa Cruz.
Santa Cruz, Mar 20, 2026 (ATB Digital).- In a press conference held this Friday in Santa Cruz, the president of Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), Yussef Akly Flores, and the general manager of YPFB Refinación S.A., Achilles Pfeiffer, exposed a new case of millionaire embezzlement detected in the refining subsidiary, following an audit carried out to the previous administration. According to Akly, internal investigations lead t…
The state reported that there is evidence of two advance payments, without guarantees, to a soy oil supplier in the framework of a biofuel project.
The environment of the former president Luis Arce made contracts through YPFB refinement with companies for the supply of vegetable oil for about 1 billion Bolivians and only one part was delivered and the rest is on hold. According to the president of Yacimientos Petrolíferos Fiscales Bolivianos (YPFB), Youseff Akly, the surplus of the subsidiary was destined for illegal investments or contracts, including modifying internal procedures to deliv…
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