19 Oct 2021
A U.S. judge on Monday set a Nov. 1 arraignment date for Alex Saab, a businessman accused of laundering money on behalf of Venezuela’s government, in a case that pits the United States against the socialist government of President Nicolas Maduro.
U.S. prosecutors in 2019 charged Saab in connection with a bribery scheme linked to Venezuela’s state-controlled exchange rate.
By Brian Ellsworth and Alexandra Ulmer, Reuters, 19 October 2021
Read more at Reuters
RiskScreen: Eliminating Financial Crime with Smart Technology
Count this content towards your CPD minutes, by signing up to our CPD WalletFREE CPD Wallet