Wood Group denies crisis flight

From: The Scotsman | Date: April 15, 2002| Author: JANE GILLARD Northern Business Reporter | Copyright information

WOOD Group has angrily denied reports that its chairman, Sir Ian Wood, hurriedly flew to Venezuela to save his business assets as political turmoil in the world's fourth-largest oil-producing country saw its president ousted and restored to power in the space of a few days.

Weekend Scottish press reports said Sir Ian had flown to Venezuela in his private jet to hold crisis talks with senior managers.

The reports also said Sir Ian knew Venezuela president Hugo Chavez personally ...