8th July 2020
Whenever Venezuelan media mogul Raúl Gorrín flew to Miami — before he was accused by the feds of stealing billions from his own government — he would stay at his waterfront estate in Cocoplum and tool around town in his Rolls-Royce Phantom Drophead Coupe. Now federal prosecutors want to take… Read More
7th July 2020
An Iranian conglomerate owned by the country’s military and tied to its missile program has established a retail foothold in Venezuela, according to officials and records detailing the move, deepening Tehran’s involvement with the Maduro government. The Iranian firm is working with the Maduro government’s troubled emergency food program, which… Read More
3rd July 2020
€120 million in financial transactions from the shuttered Portmann Capital Management, were funnelled through the private Malta-based Pilatus Bank, the former economic crimes unit boss said. Assistant Commissioner Ian Abdilla told the public inquiry into the assassination of Daphne Caruana Galizia, that Portmann had channelled a total of €120 million… Read More
29th June 2020
By Parker Asmann, Steven Dudley and César Molinares, Insight Crime, 25 June 2020 Insight Crime – While a guilty plea for money laundering by a decorated University of Miami professor continues to send shockwaves through the academic, law enforcement and crime investigation communities, his Colombian go-between remains free, a walking example… Read More
26th June 2020
Officials from Venezuelan state oil company Petroleos de Venezuela [PDVSA.UL] have spoken with private contractors about paying for work fixing the country’s refineries with fuel and byproducts, a half dozen people familiar with the talks said. The possibility of in-kind compensation comes as U.S. sanctions on PDVSA and severe cash-flow… Read More
25th June 2020
The United States on Wednesday imposed sanctions on five Iranian ship captains who delivered oil to Venezuela, and Secretary of State Mike Pompeo reaffirmed Washington’s backing for Venezuelan opposition leader Juan Guaido. Speaking at a news conference, Pompeo said the ships delivered about 1.5 million barrels of Iranian gasoline and… Read More
24th June 2020
AP – Venezuela’s socialist government tried to recruit then-Congressman Pete Sessions to broker a meeting with the CEO of Exxon Mobil at the same time it was secretly paying a close former House colleague $50 million to keep U.S. sanctions at bay, The Associated Press has learned. An official… Read More
22nd June 2020
The Mexican government’s financial crime department has frozen the bank accounts of companies and people blacklisted by the United States under accusations of having evaded the sanction regime imposed on Venezuela, its chief said on Friday. Santiago Nieto, chief of Mexico’s Financial Intelligence Unit, did not elaborate on details, but… Read More
16th June 2020
Last year, China replaced the United States as the No. 1 importer of oil from Venezuela, yet another front in the heated rivalry between Washington and Beijing. The United States had imposed sanctions on Venezuela’s state-owned oil company as part of a bid to topple that country’s socialist president, Nicolas… Read More
15th June 2020
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