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Son-in-law of top foe of Venezuela’s president sentenced to 30 months on money laundering charge

Money Laundering

MIAMI — The son-in-law of a prominent Venezuelan opposition leader was sentenced Tuesday to two and a half years in prison for his role in a vast conspiracy to siphon $1.2 billion from the state-owned oil company, some of which allegedly landed into accounts controlled by President Nicolás Maduro ’s stepsons. Who would accept that amount of money so quickly?,” …

Son-in-law of top opponent of Venezuela’s president pleads guilty to US money laundering charges

MIAMI — The son-in-law of a prominent Venezuelan opposition leader has pleaded guilty to money laundering charges for his role in a vast bribery conspiracy to siphon $1.2 billion from the state-owned oil company. As part of his plea agreement announced Tuesday in federal court in Miami, Fernando Vuteff admitted to earning at least $4.1 million from a Spanish real …

The government of Nicolas Maduro has been criticised for barring potential challengers from seeking office. A court in Venezuela has issued arrest warrants for three opposition leaders who have publicly denounced the socialist government of President Nicolas Maduro, accusing them of treason, money laundering and impersonating public officials. The warrants come after the three legislators were named last week to …

Judge keeps in place one charge of conspiracy to commit money laundering, which carries maximum 20-year prison sentence. A judge in the United States has dismissed several money laundering charges against Alex Saab, an ally of Venezuelan President Nicolas Maduro, but kept in place one count of conspiracy to commit money laundering. Maduro’s allies say Washington’s pursuit of Saab, a …

Judge sets arraignment for Venezuelan accused of money laundering

US prosecutors in 2019 charged Saab in connection with a bribery scheme linked to Venezuela’s state-controlled exchange rate. A United States judge on Monday set a November 1 arraignment date for Alex Saab, a businessman accused of laundering money on behalf of Venezuela’s government, in a case that pits the United States against the government of President Nicolas Maduro. Saab …

Alex Saab, who was arrested in Cape Verde last year, was extradited to the US to face money laundering charges. Venezuela’s government says it will suspend negotiations with its opponents after the United States extradited a close ally of President Nicolas Maduro to face charges of money laundering. Hours after Saab’s extradition, Venezuela also revoked the house arrest of six …

Maduro ally extradited to U.S. on money laundering charges

A top fugitive close to Venezuela’s socialist government has been put on a flight from Cape Verde to the United States to face money laundering charges, a senior U.S. official confirmed on October 16. In a statement on Saturday, Venezuela’s government again denounced the “kidnapping” of Saab by the U.S. government “in complicity with authorities in Cape Verde”. Colombian President …

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