Spain: 4 arrests in Venezuelan money laundering probe
21 May 2019

AP — Spanish police say they have arrested four people as part of a judicial probe into a money laundering racket allegedly involving funds coming from Venezuela’s state-run oil company PDVSA.

Police have confirmed Spanish media reports to The Associated Press that the four detainees are also facing charges of corruption in international monetary transactions and the falsification of documents, in addition to money laundering.

The arrests took place on Monday when Spanish police say they raided eight locations.

The investigation is being ordered by an investigative judge in Madrid.

Read more at the Associated Press

Photo: Wilfredo Rodríguez [CC BY-SA 3.0], via Wikimedia Commons

Read more:

Russia’s Gazprombank freezes accounts of Venezuela’s PDVSA: source

Oil tankers leave Venezuela for Cuba despite sanctions: document, data

US: Ex-banker arrested over billion-dollar international money laundering scheme

Advance your CPD minutes for this content, by signing up and using the CPD Wallet


You must be logged in to post a comment.

This site uses Akismet to reduce spam. Learn how your comment data is processed.