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The US’ Department of Justice (DoJ) has strengthened its grip on an international effort, nicknamed Operation Money Flight, to crack down on individuals that embezzled billions of dollars from PDVSA, Venezuela’s national oil company.
The duo were charged as part of the years-long criminal case against former executives of Venezuela's state-owned oil company charged with laundering bribes and kickbacks in the US and abroad.
A selection of stories that caught our eye over the last seven weeks in Argentina.
A Swiss and an Argentine were charged in Miami Tuesday with helping launder part of $1.2 billion taken from Venezuelan state oil firm PDVSA in a long-running corruption and bribery investigation.
Two financial asset managers were charged Tuesday with participating in a $1.2 billion conspiracy to embezzle money from Venezuela's state-owned oil company and launder it through false investment schemes in the U.S. and abroad.