Message to INFODIO readers: investigative journalism, which is what this site does, takes lots of time. Time is money. Regular visitors from banks' compliance departments, academia, business intelligence, and law enforcement are encouraged to donate cost of three coffees -if they find useful information here- so we can continue our efforts. Visiting media looking for a quick run down on Venezuela's gargantuan corruption, have the decency to at least cite the source when plagiarising this site's content without attribution (exhibit Reuters here and here, exhibit Bloomberg here, exhibit OCCRP here). To all readers, do the right thing, the honest thing: support independent investigative journalism, help us expose rampant corruption. Note added 28/06/2021: impostors are using this site's editor full name, and fake email addresses ( to send copyright infringement claims / take down requests to web hosting companies (exhibit Hostgator). The attempt is yet another effort paid by utterly corrupt thugs to erase information about their criminal activities. has no issues with other websites / journalists using / posting information published here, so long as the source is properly cited.

February 2021

Plagiarism 101: exhibit OCCRP

Thug Alejandro Betancourt was recently in the news. A data scrapping effort by France's Le Monde (#OpenLux) revealed Betancourt uses Luxembourg in his money laundering activities. Readers of this site had known that, of course, for many years. The Miami Herald had -at last- the decency to link to this site's story about Betancourt's little energy deal with the Russians: Gazprombank Latin America Ventures B.V. and Petrozamora. Again, nothing new there, that stuff was exposed here years ago.

Twitter lies to EU regulator, keeps censorship of corruption information

An email from the Data Protection Commission in Ireland, which oversees Twitter's behaviour in Europe under GDPR rules, brought into focus the reality of dealing with unaccountable social media platforms. After's Twitter's decision to permanently suspend my verified @alekboyd account, I filed a GDPR request with the watchdog. What I wanted, still want, was to recover my account's data, tweets, pictures, etc.

Fact checking #OpenLux on Derwick Associates

We have been meaning to dive into #OpenLux, Le Monde's data scrapping exercise at Luxembourg's registry of companies. This site has been keeping track of activities in that principality for a while. In 2016 we exposed Derwick Associates's "diversification" (read money laundering) into Luxembourg's jurisdiction. Yesterday, the Miami Herald and OCCRP reported on #OpenLux findings, however both outlets contain inaccurate information.

Affaire PDVSA: Switzerland's Federal Tribunal rules against Helsinge - Guaido

Further to Tribune de Genève article "Qui dirige le Venezuela? La justice suisse a fait son choix", on the Affaire PDVSA v Helsinge, Glencore, Trafigura, Vitol, Lukoil et al, and on determination of PDVSA's valid legal counsel in Swiss criminal proceedings, Switzerland's Federal Tribunal has decided against Helsinge, and by extension against Juan Guaido.

USGAO Venezuela report misses elephant Alek Boyd Tue, 02/09/2021 - 07:06

The U.S. Government Accountability Office (USGAO) released a report yesterday, "Additional Tracking Could Aid Treasury's Efforts to Mitigate Any Adverse Impacts U.S. Sanctions Might Have on Humanitarian Assistance", which found that "Despite U.S.

BREAKING: Tracor Trading gets PDVSA crude for $0.01

Check background here. In short, vessels Kitakaze (IMO 9221918) and Mirame (IMO 9227948) lifted about 3.8 million barrels of PDVSA crude in late December / early January. Tracor Trading Company Limited is shown in PDVSA's line up as final client. It is unclear what crude Kitakaze lifted, but Mirame loaded crude produced by PDVSA - Rosneft joint venture Petromonagas.