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Alex Saab Pleads Guilty in $195 Million Laundering Case

By Drooid · Sep 16, 2026, 6:38 AM UTC · How we work

Summary

Story summary

Alex Saab pleaded guilty in U.S. federal court to one count of conspiracy to launder monetary instruments.
He admitted bribing officials to secure CLAP food-and-medicine contracts using fake companies and false invoices.
Saab must forfeit $195 million, facing up to 20 years in prison.
He was extradited in May 2024 by interim President Delcy Rodríguez after a 2020 Cape Verde arrest.

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Story summary

Alex Saab pleaded guilty in U.S. federal court to one count of conspiracy to launder monetary instruments.
He admitted bribing officials to secure CLAP food-and-medicine contracts using fake companies and false invoices.
Saab must forfeit $195 million, facing up to 20 years in prison.
He was extradited in May 2024 by interim President Delcy Rodríguez after a 2020 Cape Verde arrest.