The U.S. Department of the Treasury has finally placed PDVSA under its sanctions regime targeting the kleptocracy of Nicolás Maduro. This escalation followed the Trump administration’s recognition of Juan Guaidó as interim president of Venezuela.… US Treasury Must Intensify Sanctions Against Nicolás Maduro and PDVSA to Combat Venezuelan Crisis
Three separate sources have now reported the following scheme to this site: Aliou Boubacar Diallo controls a gold mine in Mali called Wassoul’or. Olivier Couriol from Noor Capital (born 11/05/1964, traveling with French passport No.… Venezuelan Gold Smuggling Uncovered: Wassoul’or and Noor Capital Involved in Illegal Transactions
Scholars in the social sciences will likely view Venezuela in the future as a unique case. A self-proclaimed socialist revolution, led by an idealistic military coup leader, succeeded in obliterating one of the best-managed state… Venezuela’s Uncertain Transition: Challenges and Strategies for Change
Nicolás Maduro is in a bind: the Trump administration has recognized Juan Guaidó as the legitimate president of Venezuela and, more importantly, Carlos Vecchio as his official business representative in the U.S. What this means… Venezuela’s Maduro Partially Lifts Currency Controls with INTERBANEX Amid Political Turmoil
The current state of affairs is as follows: Juan Guaidó, the head of the Venezuelan Congress, proclaimed himself the interim president of the country. Guaidó based his actions on an interpretation of Article 233 of… What’s Next for Juan Guaidó and the Future of Venezuela?
The Financial Information Unit has issued a series of guidelines to banks, financial entities, and notaries on how to act in these cases. Source: Perfil VIA Frente Libertario The Government aims to financially isolate Nicolás… Government Intensifies Financial Isolation Efforts Against Nicolás Maduro’s Criminal Network
Note the mention of Paulo Nacif below: «Another agreement with the Venezuelans detected by the Public Ministry dates back to 2014, which indicates that ESAF, an entity of the BES group, managed for six years… When Will the Oberto Anselmi Brothers and Derwick Associates Face Legal Action?
The U.S. Treasury Department has today sanctioned Raúl Gorrín and his network. Also targeted are former associates like González Dellán and Claudia Díaz Guillén, who is awaiting extradition to the U.S. from Spain. Gorrín, in… U.S. Treasury Sanctions Raúl Gorrín, Key Operator for Nicolás Maduro, Targeting Corruption in Venezuela
In addition to the exclusive information from infodio regarding joint services and purchase agreements signed between PPSA and EREPLA Services LLC, responses were received to the request for comments sent to Harry Sargeant from Ali… New PDVSA Partner EREPLA: OFAC Holds The Key to Joint Service Agreements
Argus Media presents itself as the “leading independent provider of price benchmarks for energy and commodities.” Like other industry analysis firms, it sells its services in the open market. Being “in the know” and having… Journalism Corruption Exposed: The Plagiarism Scandal of Argus Media
Ten days ago, I had a conversation with a source highly knowledgeable about bonds. They mentioned that some institutional investors were going to approach the courts to activate the acceleration clause of the 2034 bond… Impending Legal Battles for Venezuela: Institutional Investors Activate Acceleration Clause on 2034 Bond
In addition to last week’s news regarding a ruling against PDVSA in the criminal lawsuit filed against Helsinge, Francisco Morillo, and others, sources familiar with the situation in Venezuela have provided further details. A court… Geneva Court Ruling Strikes PDVSA, Increases Struggles for Glencore, Trafigura, and Vitol: Implications and Insights
Recently, there’s been a lot of talk about the transition in Venezuela, as the term of Nicolás Maduro ends on January 10, 2019. Most observers have long recognized the need to replace the chavista model,… The Impossibility of Political Transition in Venezuela: Challenges and Realities
It’s no secret that Al Capone was killed for tax evasion. Likewise, the Agenzia delle Entrate in Italy launched a quite spectacular investigation into the international operations of Dolce & Gabbana due to alleged tax… Why Antonino Maggiore Should Investigate Rafael Ramírez’s Tax Declarations: Uncovering Potential Evasion and Corruption in Italy
On Tuesday of this week, sources reported that a court in Geneva issued a ruling against Francisco Morillo and Helsinge, in a fraud case brought by PDVSA. Geneva prosecutors have initiated a criminal investigation into… David Boies’ Controversial Role in PDVSA Fraud Case: A Critical Examination of WSJ’s Coverage