Venezuela names former US prisoner Saab as industry minister
Recasts lead; adds context and Tellechea comment
By Vivian Sequera
CARACAS, Oct 18 (Reuters) -Businessman Alex Saab, a close ally of Venezuelan President Nicolas Maduro who was freed in a prisoner exchange with the United States last year, has been named as industry minister, Maduro said on Friday in a social media post.
Saab replacesPedro Tellechea, whom Maduro moved from the oil ministry to the industry ministry in August as part of a large cabinet shakeup following a disputed presidential election. Thecabinet shakeup included leadership of the oil and finance ministries and state energy company PDVSA PDVSA.UL.
Saab was freed in a prisoner exchange with the United States late last year after being extradited to the U.S. from Cape Verde to face money laundering charges.
Tellechea said on Friday on social media that he was grateful for having worked as part of the cabinet, and said he had resigned as industry minister due to "health problems that require immediate attention."
Reporting by Vivian Sequera; Writing by Marianna Parraga; Editing by Leslie Adler
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