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Alex Saab to plead guilty in Miami money-laundering case

By Drooid · · How we work

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Story summary
  • Alex Saab is expected to plead guilty in Miami federal court on Tuesday.
  • He faces a money-laundering count for a scheme using fake companies and falsified shipping records.
  • Prosecutors allege Saab bribed Venezuelan officials to secure CLAP food-distribution contracts.
  • The indictment says Saab and co-defendants accessed billions from PDVSA through corrupt oil deals.
  • Case coincides with President Donald Trump’s administration announcing a partnership to tap 65 billion barrels of Venezuelan oil.