Saab Pleads Guilty in Maduro Bribery Case | Philadelphia News

Alex Saab, Maduro’s longtime fixer and alleged bagman, just pleaded guilty to laundering $195 million—money skimmed from Venezuela’s food aid contracts during its hyperinflation crisis. He’ll forfeit the cash and help prosecutors in exchange for a likely lighter sentence. Arrested in Cape Verde in 2019 and deported this year, Saab admitted to using shell companies and falsified records to hide the theft, all while sanctions tightened. He claims top officials approved the scheme—and says he’s battling PTSD. His cooperation could be vital as U.S.-Venezuela relations pivot around oil. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Sources:https://www.inquirer.com/news/nation-world/alex-saab-guilty-plea-miami-money-laundering-venezuela-nicolas-maduro-delcy-rodriguez-20260915.html More coverage & latest updates:https://sources.thednn.ai/60e7274e83864bf7 Report issues to [email protected].