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
A criminal court in Geneva ruled in favor of PDVSA in the case brought against Helsinge, according to sources. In early March of this year, a criminal investigation was launched following a complaint submitted on… Swiss Court Ruling Favors PDVSA in Criminal Case Against Helsinge: Implications for Energy Traders and Banks
There’s more to Raúl Gorrín. The United States Department of Justice has just scratched the surface. On Tuesday, December 1, 2009, Gorrín sent an email that included, among other things, the following instruction: Amount 3,850,000… Uncovering the Connections: Raúl Gorrín, Angelo Mazzarella, and Luis María Piñeyrüa Pittaluga in the Venezuelan Corruption Scandal
Last night, the Department of Justice (DoJ) charged Raúl Gorrín with money laundering. Readers of this site were already aware that this was coming. Alejandro Andrade, Claudia Díaz Guillén, and Adrián Velásquez (both awaiting extradition… US Justice Department Charges Raúl Gorrín with Money Laundering: Insights into Venezuela’s Corruption Network
A source informed this site that the U.S. Department of Justice will unveil the accusations related to the corruption scheme of Alejandro Andrade during his time as the head of the Venezuelan Treasury Bank. It… DOJ Set to Unveil Corruption Charges in Alejandro Andrade Case Tied to Venezuelan Bank Scandal