Venezuela's Maduro Suspect in Probe as U.S. Keeps Pressure On
- U.S., Swiss authorities investigate major embezzlement scheme
- Efforts were made to launder $1 billion from oil company
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President Nicolas Maduro is a principal suspect in a U.S. investigation into the embezzlement of more than $1 billion from the South American country’s state-owned oil company, the Miami Herald reported, as the U.S. adds to the pressure on the socialist leader.
Maduro, his three stepsons and other Venezuelan government officials are being investigated for links to an international money-laundering conspiracy tied to Petroleos de Venezuela SA, known as PDVSA, the newspaper reported, citing sources familiar with the investigation that it didn’t identify.