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US offers life support to Venezuela’s economy
Washington’s decision to lift sanctions on Caribbean country’s oil sector has improved growth forecasts
Washington’s decision to lift sanctions on Caribbean country’s oil sector has improved growth forecasts
The network that plundered the state-owned Petróleos de Venezuela (PDVSA) used a series of shell companies to acquire 19 exclusive properties in the oil-rich South American country, along with iconic luxury units in Miami
The frontman of the plot, Luis Mariano Rodríguez Cabello, bought a luxury property in Caracas for the model Claudia Paola Suárez and acquired a $5.3 million home for himself in Miami
Venezuelan businessman Diego Salazar – the cousin of former minister Rafael Ramírez – accumulated a personal art collection of 67 works. He did this while leading a plot to money-launder $2 billion in Andorra, which he and his fellow Chavistas embezzled from Petróleos de Venezuela (PDVSA)
A company controlled by Rocío del Valle Maneiro signed a contract worth more than $14 million with a group of Venezuelan politicians, who are being investigated for corruption. The plot also had a former senior security official from Caracas on the payroll: it paid him $1.6 million
The expansion of multinational licenses for oil exploration have brought much-needed funds to the bankrupt Venezuelan treasury. However, serious bottlenecks persist, due to international sanctions and the collapse of the credit system
Brazil’s sales grow by a third, Mexico’s increase almost 50% and Colombia quadruples its shipments. Venezuela, Ecuador and Trinidad and Tobago went from not selling any last year to reaching the Spanish market
The authorities of the tiny European country are withholding illicit funds that were deposited by 21 Venezuelan individuals into Andorran banks. These former vice-ministers – who served under Hugo Chávez – allegedly took bribes from subcontractors hired by PDVSA, the state-owned oil company
Staunch heirs of the Hugo Chávez movement aim to recapture legitimacy through a radical public house cleaning
Vadell’s lawyers allege Citgo lured him and the other executives, who became known as the Citgo 6, as part of a scheme to be used as “political pawns”