Region: Venezuela

Unsealed records show another Citgo prosecution

A former Citgo official had been cooperating with the US government’s investigation into Venezuelan corruption and was set to testify at the trial of an ex-colleague, recently unsealed court records show.

06 April 2021

Lines blur between US agencies on corruption cases

There is an increasing medley of agents working on huge corruption investigations concerning Latin America. “Everybody’s playing in the same pool,” a former prosecutor said.

01 April 2021

Geneva prosecutors close probe into Venezuela businessman wanted in US

26 March 2021

UK law firm to give up 1MDB-linked funds

Clyde & Co can release $325 million held on behalf of an arbitration client to the High Court in London after a US federal court dismissed an arrest warrant targeting the funds.

23 March 2021

Ex-Citgo manager pleads guilty after “slew of new allegations”

A former Citgo manager pleaded guilty after arguing that prosecutors “bombarded” him with discovery from his taxes days before trial. The development means the DOJ’s instrumentality theory for Citgo won’t be put to the test.

22 March 2021

Businessman sentenced to four years in prison over Venezuela sanctions breaches

18 March 2021

DOJ accused of “naked and exorbitant attempt” to interfere in UK court proceedings

Lawyers for energy company PetroSaudi have claimed that US prosecutors are trying to subvert UK money laundering legislation by interfering in a civil dispute with Venezuela’s state-owned energy company.

23 February 2021

Venezuela jails former PDVSA execs for providing oil information to the US

09 February 2021

DOJ’s PDVSA joint venture case grows

Federal prosecutors in Miami have accused Venezuela-based businessman Natalino D’Amato of bribing officials at two of PDVSA’s joint ventures.

30 November 2020

Venezuela sentences Citgo executives to prison on corruption charges

27 November 2020

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