# Former Maduro ally Alex Saab pleads guilty to money laundering and fraud

https://mins.news/en/item/60142

- Al Jazeera, 2026-09-16 00:36 UTC
- World
- Original: https://www.aljazeera.com/news/2026/9/16/former-maduro-ally-pleads-guilty-to-money-laundering-and-fraud?traffic_source=rss

> Colombian-Venezuelan businessman Alex Saab, a close ally of former Venezuelan President Nicolas Maduro, pleaded guilty in US federal court to conspiring to launder money from a bribery and fraud scheme. He admitted using bribes, shell companies and false records to win contracts tied to Venezuela’s CLAP welfare programme and agreed to forfeit $195m and cooperate with investigators.

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