Tag: Alejandro Andrade

• Wednesday, November 28th 2018 - 09:17 UTC

  Ex Chavez aide sentenced in US for money laundering and receiving US$ 1 billion in bribes

  

  A court in the United States has sentenced the former head of Venezuela's treasury, Alejandro Andrade, to 10 years in prison for money laundering. Andrade, 54, had pleaded guilty to taking US$ 1bn in bribes in exchange for offering access to preferential foreign currency exchange rates.

• Thursday, November 22nd 2018 - 09:21 UTC

  Venezuela: One billion dollars in bribes and illicit foreign currency operations

  

  Venezuela’s former national treasurer admitted receiving over one billion dollars in bribes as part of illicit foreign currency operations that involved a local television mogul now indicted in U.S. courts, according to U.S. court documents unsealed on Tuesday.