This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager.
Dismiss

Money laundering suspect arrested in Cape Verde; US seeks extradition, alleging laundered funds grew from Venezuelan bribery

By Robert Thomason ( June 15, 2020, 19:43 GMT | Insight) -- Alex Saab, under indictment in the US for money laundering in connection with bribery in Venezuela, was arrested Friday at a Cape Verde airport and is being detained in the African island country pending extradition proceedings. An associate of Venezuelan strongman Nicolas Maduro, Saab is accused of using false trade documents to launder money stolen from an anti-poverty housing program with the help of corrupt officials.Alex Saab, under indictment in the US for money laundering in connection with bribery in Venezuela, was arrested Friday at a Cape Verde airport and is being detained in the African island country pending extradition proceedings....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections