The USA has recently issued an alert to financial institutions regarding the problem of Venezuelan public corruption, calling upon these bodies to report any suspicious activities as they try to build up evidence which may help in levying sanctions against the government officials of Venezuela.
There have been a number of reports regarding suspicious transactions received by FinCEN in recent years, and these are believed to be linked to corruption within the government of Venezuela. This new advisory is intended to send a message to reinforce President Trump’s tough stance and to close any windows for future finance for Maduro’s government.
Earlier this year, a number of officials within the Venezuelan administration were sanctioned by the US for undermining democracy, and the Treasury Department also passed sanctions against Tareck El Aissami, the country’s vice president due to his alleged involvement with drug trafficking – an issue which is frequently being dealt with by security services in Venezuela. Most recently, sanctions have been placed on the Venezuelan president himself.
It is believed that this advisory could have been issued as an attempt to gather more evidence for criminal trials to be carried out in the USA linked to Venezuelan corruption. For a number of years now, authorities in the US have been carrying out investigations into Petroleos de Venezuela, the state owned Venezuelan oil company, to discover whether or not it provided kickbacks in the sum of billions of US dollars for the Venezuelan leaders. Last year, officials in the US were reported to be closing in on a number of government officials in Venezuela who are suspected of receiving bribes for awarding contracts at high prices.
Anyone who is worried about drug trafficking in the country should consider hiring our security services in Venezuela for protection.