Thursday, April 19, 2018

Former Venezuelan Official Pleads Guilty to Money Laundering Charge in Connection with Bribery Scheme

The former general manager of the procurement subsidiary of Venezuela’s state-owned and state-controlled energy company, Petroleos de Venezuela S.A. (PDVSA), pleaded guilty today for his role in an international money laundering scheme involving bribes paid by the owners of U.S.-based companies to Venezuelan government officials to corruptly secure energy contracts and payment priority on outstanding invoices.

from Justice News https://ift.tt/2HhbI88
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