PRAIA, 7 January 2021 – The government of Cape Verde can now legally extradite to the United States a Colombian businessman who was the special envoy of the Venezuelan government.
A court in Cape Verde handed down a ruling clearing the way for Praia to surrender Alex Saab to American judicial authorities.
Saad is wanted on money laundering charges for allegedly helping the govnerment of Venezuelan President Nicolas Maduro.
He is accused of helping Maduro’s government transfer around $350 million out of Venezuela.
Saab denies the charges.
Such transfer of funds would have been in violation of U.S. sacntions.
Two years ago, the US Department of Justice charged Saab with running a global multi-million-dollar money laundering operation, divertying funds from the Venezuelan state.
Some of the funds reportedly swindled was from a good scheme.
While Saab’s lawyers promised to and promptly appealed the ruling, they lost the appeal with the appeal court ruling in favor of Saab’s extradition.
Some news outlets in Praia speculated that American judicial officials had already dispatched a U.S. State Department jet to pick up Saab by the time the appeal case was concluded.
US President Donald in August 2019 imposed sweeping sanctions against the government of Venezuela, freezing all of its assets in the United States and barring transactions with it.
The sanctions are far more damaging than previous sanctions, which were already some of the harshest in the world.
The sanctions are aimed at forcing President Nicolas Maduro to step down.
America is only one of more than 50 countries that no longer recognize Maduro as the legitimate president of Venezuela.