Alex Saab pleads guilty in US money-laundering case tied to alleged bribery scheme
Venezuelan businessman Alex Saab has pleaded guilty in a US court to a money-laundering charge linked to an alleged bribery scheme involving public contracts in Venezuela. The plea marks a significant development in a long-running federal case that has followed Saab for years. He also agreed to cooperate with ongoing investigations, according to the court record.As part of the agreement, Saab accepted that he will hand over $195 million derived from the corruption scheme. Prosecutors said they would recommend a sentence at the lower end of the guideline range and could seek further reductions if his cooperation proves useful. The... [Continue Reading]
360LiveNews | 16 Sep 2026 06:30 LONDON
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