A criminal network made up of former vice-ministers who served under President Hugo Chávez – who governed Venezuela from 1999 until his death in 2013 – is being investigated for looting more than $2.2 billion in public funds. They allegedly took this money from the state-owned Petróleos de Venezuela SA (PDVSA) – the crown jewel of the oil-rich Latin American country.
While some of these embezzled monies are unrecoverable, the government authorities of Andorra have frozen more than $55 million in alleged bribes that were collected in the European country by 21 members of the scheme. This is according to a confidential report by the…
