Region: Venezuela

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

Switzerland launches two PDVSA money laundering investigations

Featured in Investigator’s Guide to Switzerland

The Swiss Attorney General’s Office is investigating individuals over allegations of money laundering tied to Venezuela’s state-owned oil and gas company.

09 September 2020

Businessman’s “unparalleled and extraordinary” cooperation in PDVSA investigation spared him jail time

Agreeing to secretly tape suspects and risking his life to recover evidence for the US government were major factors that helped a former oil company employee avoid a prison sentence for taking part in a bribery scheme.

01 October 2019

Odebrecht subsidiary settles with Inter-American Development Bank

04 September 2019

Spain investigates ex-ambassador to Venezuela for PDVSA money laundering

21 May 2019

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