Monday, 07 September 2026
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Philippines News from Philippines · WORLD EUROS
Nº 58 Monday, 07 September 2026
Business

Billionaire probed for laundering now US ally

Billionaire probed for laundering now US ally
Sources: The Manila Times

CARACAS/MIAMI — The billionaire who helped broker the Trump administration’s sweeping long-term oil deal with Venezuela was until recently a target of US money-laundering investigations involving funds embezzled from the state-owned oil company PDVSA. Now, after assisting US authorities ahead of the capture of authoritarian leader Nicolas Maduro, Alejandro Betancourt is Washington&rsqu

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