Venezuelan Ex-Official Detained in Spain on US Warrant
Spanish police arrested a former deputy Venezuelan energy minister Thursday on a U.S. warrant for alleged involvement in $1 billion bribery scheme…
October 27, 2017 at 03:47 PM
5 minute read
Spanish police arrested a former deputy Venezuelan energy minister Thursday on a U.S. warrant for alleged involvement in $1 billion bribery scheme involving Venezuela's state-run oil company PDVSA.
Nervis Villalobos was arrested in Madrid by a police unit specialized in money laundering crimes on an indictment from federal prosecutors in Houston, a spokesman for Spain's Civil Guard told The Associated Press. The spokesman, who wasn't authorized to be named and spoke on condition of anonymity, said that as part of the ongoing sting Luis Carlos de Leon, a former official at a state-run electric company in Caracas, was also taken into custody along with a third, unnamed person who was an executive at PDVSA's procurement unit, Bariven.
Villalobos would be the first senior ex-official detained as part of a wide-ranging U.S. probe into corruption at PDVSA that has already led 10 businessmen to plead guilty for their roles in kickbacks to Venezuelan officials. In 2015, the U.S. Treasury Department accused a bank in Andorra of laundering some $2 billion stolen from PDVSA.
Much of the evidence stems from a case in Houston against two Venezuelan businessmen residing in the U.S., Roberto Rincon and Abraham Shiera, who in 2015 were charged with violating the foreign corrupt practices act by conspiring to pay bribes in exchange for contracts to build power generators for PDVSA. U.S. prosecutors in their indictment accused the two men of paying everything from a PDVSA official's $165,000 mortgage in Texas to picking up a $15,000 reservation for several company officials at the Fontainebleau Hotel in Miami Beach in order to win business.
Both men are out on bail awaiting sentencing. Prosecutors in Houston declined to comment.
Villalobos was for years the deputy minister in charge of electricity projects and on several occasions stepped in as Oil and Energy Minister when his then boss, longtime oil czar Rafael Ramirez, was on missions abroad.
Ramirez, who has not been charged, currently serves as Venezuela's ambassador to the United Nations. He has dismissed the U.S. investigations against PDVSA, which he led for a decade until 2014, as an attempt by Washington to undermine President Nicolas Maduro's socialist government.
It was not immediately possible to locate Leon or Villalobos. PDVSA and Venezuela's information ministry did not comment when contacted by the AP.
Aritz Parra and Joshua Goodman report for the Associated Press.
Spanish police arrested a former deputy Venezuelan energy minister Thursday on a U.S. warrant for alleged involvement in $1 billion bribery scheme involving Venezuela's state-run oil company PDVSA.
Nervis Villalobos was arrested in Madrid by a police unit specialized in money laundering crimes on an indictment from federal prosecutors in Houston, a spokesman for Spain's Civil Guard told
Villalobos would be the first senior ex-official detained as part of a wide-ranging U.S. probe into corruption at PDVSA that has already led 10 businessmen to plead guilty for their roles in kickbacks to Venezuelan officials. In 2015, the U.S. Treasury Department accused a bank in Andorra of laundering some $2 billion stolen from PDVSA.
Much of the evidence stems from a case in Houston against two Venezuelan businessmen residing in the U.S., Roberto Rincon and Abraham Shiera, who in 2015 were charged with violating the foreign corrupt practices act by conspiring to pay bribes in exchange for contracts to build power generators for PDVSA. U.S. prosecutors in their indictment accused the two men of paying everything from a PDVSA official's $165,000 mortgage in Texas to picking up a $15,000 reservation for several company officials at the Fontainebleau Hotel in Miami Beach in order to win business.
Both men are out on bail awaiting sentencing. Prosecutors in Houston declined to comment.
Villalobos was for years the deputy minister in charge of electricity projects and on several occasions stepped in as Oil and Energy Minister when his then boss, longtime oil czar Rafael Ramirez, was on missions abroad.
Ramirez, who has not been charged, currently serves as Venezuela's ambassador to the United Nations. He has dismissed the U.S. investigations against PDVSA, which he led for a decade until 2014, as an attempt by Washington to undermine President Nicolas Maduro's socialist government.
It was not immediately possible to locate Leon or Villalobos. PDVSA and Venezuela's information ministry did not comment when contacted by the AP.
Aritz Parra and Joshua Goodman report for
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllMuhammad Ali's Daughter Accused of Ignoring South Florida Judge
Judge Sides with Overseas Buyers in $12.9M Miami Beach Real Estate Dispute
4 minute readHomebuilder Hit With Multiple Suits in Florida State Courts Alleging Construction Defects
DraftKings Faces $65M Lawsuit by National Football League Players Association
4 minute readTrending Stories
- 1Gibson Dunn Sued By Crypto Client After Lateral Hire Causes Conflict of Interest
- 2Trump's Solicitor General Expected to 'Flip' Prelogar's Positions at Supreme Court
- 3Pharmacy Lawyers See Promise in NY Regulator's Curbs on PBM Industry
- 4Outgoing USPTO Director Kathi Vidal: ‘We All Want the Country to Be in a Better Place’
- 5Supreme Court Will Review Constitutionality Of FCC's Universal Service Fund
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250