Maduro ally Alex Saab expected to plead guilty in federal money laundering case
Prosecutors say the 54-year-old businessman used fake companies and falsified shipping records to skim money from Venezuelan food contracts.
- On Tuesday, close Maduro ally Alex Saab is scheduled to appear before Judge Kathleen Williams in Miami for a change of plea hearing in his federal money laundering case.
- Prosecutors allege Saab orchestrated a conspiracy to create fake companies and falsify shipping records, skimming from government contracts intended to supply the CLAP food program for poor Venezuelans.
- U.S. officials long described Saab as Maduro's "bag man," a key conduit for foreign companies navigating sanctions after the government invested resources rallying public support for his release.
- President Delcy Rodriguez deported Saab in May following pressure from the United States, later distancing herself by firing him from her Cabinet.
- This month, Trump announced a partnership with Venezuelan oil entrepreneur Alejandro Betancourt, aiming to access oil fields with a potential to produce 65 billion barrels of crude.
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229 Articles
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Former Venezuelan minister and businessman faces up to 20 years in prison in money laundering case.
Former Venezuelan Industry Minister under President Maduro Alex Saab pleaded guilty to money laundering, the US Department of Justice said
Former Venezuelan Industry Minister under President Maduro Alex Saab pleaded guilty to money laundering, the US Department of Justice said.Saab, who had the status of Venezuela's diplomatic envoy, traveled abroad to ensure the supply of food and...
Former Venezuelan minister Alex Saab pleaded guilty to money laundering in the United States on Tuesday, September 15.
Alex Saab, Maduro's Former Minister and Ally, Pleads Guilty to Money Laundering in the United States
Former Venezuelan Minister of Industry and ally of former President Nicolás Maduro Alex Saab pleaded guilty to money laundering on Tuesday following an agreement with the U.S. Attorney’s Office, a Miami court reported.
The former Venezuelan minister, extradited to the United States, had pleaded non-coupible in July. Alex Saab finally agreed to cooperate with the investigators in criminal investigations, which could harm former president Nicolas MaduroMan key to Venezuelan power under Nicolas Maduro, Alex Saab pleaded guilty Tuesday to money laundering in an American court after finally agreeing to cooperate with the investigators. This former minister, who was…
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