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CNN: Trump administration quietly closes criminal probe into Venezuela businessman amid oil deal
- Prosecutors in Miami closed the criminal investigation into Venezuelan businessman Alejandro Betancourt on orders from Deputy Attorney General Todd Blanche to facilitate a new oil deal with the Maduro government.
- For a decade, Betancourt faced scrutiny in a sprawling Justice Department probe dubbed 'Operation Money Flight,' which investigated a money laundering scheme involving Venezuela's state-owned oil company, PDVSA.
- Blanche coordinated with Swiss authorities to drop warrants that restricted the businessman's travel, while The State Department provided visas for Betancourt to enter the United States.
- President Donald Trump announced the venture, partnering with the businessman to secure control of 65 billion barrels of Venezuela's oil reserves to help stabilize the nation's economy.
- Secretary of State Marco Rubio defended the partnership, citing the businessman's 2019 opposition to Maduro as grounds for an opportunity to 'benefit everyone,' including the Venezuelan people.
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Trump administration quietly closes criminal probe into Venezuela businessman amid oil deal
For a decade, Venezuelan businessman Alejandro Betancourt has been ensnared in the tentacles of a sprawling Justice Department probe into a sophisticated billion-dollar money laundering scheme that US prosecutors allege embezzled funds from Venezuela’s state-owned oil company known as PDVSA.
·Atlanta, United States
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Total News Sources6
Leaning Left1Leaning Right0Center5Last UpdatedBias Distribution83% Center
Bias Distribution
- 83% of the sources are Center
83% Center
L 17%
C 83%
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