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Venezuela President Maduro ally Alex Saab pleads guilty in U.S. court

Venezuela President Maduro ally Alex Saab pleads guilty in U.S. court

The Hindu54m
THE BRIEF
1

Alex Saab, a close ally of ousted Venezuelan President Nicolas Maduro, pleaded guilty to one count of money laundering conspiracy before U.S. District Judge Kathleen Williams in Miami.

2

Saab agreed to forfeit $195 million, cooperate with the U.S. Department of Justice, and admitted to stealing millions from a welfare plan intended to feed needy Venezuelans.

3

The guilty plea comes as federal prosecutors prepare separately to take Nicolas Maduro to trial on June 1, 2027, following his arrest and detention in a Brooklyn jail.