Maduro ally agrees to cooperate with US Justice investigations
Maduro ally Alex Saab pleaded guilty to money laundering and agreed to cooperate with the US in corruption investigations.
TL;DR
- Alex Saab, a Colombian businessman linked to Nicolás Maduro, pleaded guilty to conspiracy to launder money.
- He agreed to forfeit $195 million and cooperate with US Justice Department investigations.
- Saab's plea implicates high-level Venezuelan regime officials in a corruption scheme related to food and medicine imports.
- The scheme allegedly used shell companies, fake documents, and bribes.
- Saab previously declared innocence but changed his plea before a federal judge in Miami.
- He was extradited to the US in 2021 and previously received clemency from President Biden in 2023.
- Saab was returned to the US this year to face new charges not covered by the previous clemency.