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Top Maduro Ally Alex Saab Pleads Guilty in U.S. Court
Alex Saab, a close associate of Venezuelan leader Nicolás Maduro, has admitted to laundering $195 million in a U.S. federal court.
Alex Saab appearing in a U.S. federal courthouse for his plea hearing.
By John Doe
Reporting from Venezuela
Sept. 16, 2026, 9:54 a.m. - 2 hours ago
Alex Saab, a businessman known to be a close ally of Venezuelan leader Nicolás Maduro, has officially pleaded guilty in a U.S. court. He admitted to taking part in a massive money laundering scheme.
The case involved about $195 million. Prosecutors say this money was laundered, which is a way of making illegal money look like it came from honest business deals.
Saab was arrested and brought to the United States to face these charges. For a long time, the Venezuelan government tried to stop his extradition, claiming he was a diplomat and should be protected.
Now that he has entered a guilty plea, it marks a major development in the long-running legal battle between U.S. authorities and the Maduro administration. The case centers on corruption and how money was moved through the international banking system.
Saab's decision to plead guilty comes after years of legal arguments. He is now awaiting his sentencing, where a judge will decide his final punishment for these crimes.
Source: BBC
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