Featured Cape Verde

Venezuela’s Dark Laundering Loop: Saab Nabbed, Bagley Pleads Guilty, Maduro Sweats

Ten days ago, Colombian businessman Alex Saab was arrested in Cape Verde, an island republic off Africa’s west coast, as he was refueling his private jet. Saab is wanted in the U.S. on money-laundering charges involving hundreds of millions of dollars – but his detention in Cape Verde and his… Read More

Key Financier of Venezuela’s Maduro Regime Arrested

Authorities in the African country of Cape Verde detained a Colombian businessman wanted in the U.S. on money-laundering charges, in a blow for Venezuela’s authoritarian government, for whom he has become an important deal maker. Alex Saab Morán, traveling in a private jet, was arrested during a refueling stop… Read More

How Angolan Elites Built a Private Banking Network to Move Their Riches Into the European Union

By Khadija Sharife and Mark Anderson, OCCRP, 13 April 2020 OCCRP — A group of Angolan government officials and senior bank executives funnelled hundreds of millions of dollars out of the country with little oversight, creating their own private banking network through which they sent the money to Portugal and… Read More