Gold Reserve says fees totaling $170 million jeopardize Citgo auction

Core Viewpoint - Toronto-listed miner Gold Reserve has accused firms advising a U.S. court on the auction of Citgo Petroleum's parent of receiving approximately $170 million in fees from a bidder that was recommended as part of the auction process [1] Group 1 - Gold Reserve claims that the advisory firms have a conflict of interest due to the substantial fees received [1] - The accusation raises concerns about the integrity of the auction process for Citgo Petroleum's parent company [1] - The situation highlights potential issues in the governance and oversight of large asset auctions [1]