Thursday, November 1, 2018

Ex Venezuela official pleads guilty in money laundering case


The former finance chief of Venezuela's state oil company has pleaded guilty to a role in helping to launder $1.2 billion stolen from the company in a high-profile case implicating President Nicolas Maduro's stepsons. Abraham Ortega's plea in a Miami federal courtroom Wednesday comes two days after a former Swiss banker also involved in the case was sentenced to 10 years of prison. Both men are part of the biggest money-laundering case ever lodged against Venezuelan officials and their associates. More…

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