Venezuela's Maduro ally Saab pleads not guilty to U.S. money laundering charge


FILE PHOTO: Alex Saab Moran is seen in a booking photograph available to Reuters on October 17, 2021. Broward County Sheriff's Office/Handout via REUTERS

MIAMI (Reuters) - Alex Saab, an ally of Venezuelan President Nicolas Maduro, has pleaded not guilty to a U.S. charge of conspiring to launder money, according to a court document filed on Monday, in a case that has strained already frayed relations between Washington and Caracas.

U.S. prosecutors accuse Saab, a Colombia-born businessman and dealmaker for Maduro's government, siphoned around $350 million out of Venezuela via the United States as part of a bribery scheme linked to Venezuela's state-controlled exchange rate.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

UK gov't considers removing Andrew from royal line of succession: media
Flash: Trump says he will sign order imposing 10 pct global tariff
Rijpma-de Jong wins women's 1,500m gold at Milan-Cortina Winter Games
Flash: Trump threatens alternatives to tariffs after Supreme Court ruling
Feature: Two titles, one family in Olympic aerials
Feature: Maier turns Beijing tears to golden joy at 2026 Winter Olympics
De Beers reports challenging trading conditions for rough diamonds in 2025
Heavy snow causes multiple accidents, flight disruptions in Bavaria, Germany
Zimbabwe no longer keen on raw mineral exports, says president
IOC President Coventry defends Olympic neutrality

Others Also Read