WASHINGTON: Fugitive Colombian businessman Alex Saab, accused of acting as a money launderer for Venezuelan President Nicolas Maduroâs regime, was extradited to the United States from Cape Verde yesterday, the Justice Department said.
Saab âis expected to make his initial court appearance on Monday, October 18â before a court in Florida, it said in a statement.
The agency also expressed its âgratitude to the Government of Cabo Verde for its assistance and perseverance with this complex case and admiration for the professionalism of Cabo Verdeâs judicial system.â
Saab and his business partner Alvaro Pulido are charged in the United States with running a network that exploited food aid destined for Venezuela, an oil rich nation mired in an acute economic crisis.
They are alleged to have moved some US$350 million out of Venezuela into accounts they controlled in the United States and other countries. They risk up to 20 years in prison.
Saab, who also has Venezuelan nationality and a Venezuelan diplomatic passport, was indicted in July 2019 in Miami for money laundering, and was arrested during a plane stopover in Cape Verde off the coast of West Africa in June 2020.
Venezuela reacted furiously to yesterdayâs extradition, suspending talks with the US-backed opposition on ending the countryâs political and economic crisis. â AFP
