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 -if they find useful information here- to donate to 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 (alek.boyd.arregui@gmail.com) 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. Infodio.com has no issues with other websites / journalists using / posting information published here, so long as the source is properly cited.

When Diego Salazar wanted to launder money in Paris, FTPA and Jean-François de Clermont-Tonnerre came to help

Diego Salazar is this unpresentable thug whose only redeeming and unearned feature is to have a first cousin called Rafael Ramirez. Ramirez was President of PDVSA and Venezuela's Minister of Energy for over a decade, during which he ensured that his closest family and collaborators were given plenty of opportunities for corruption. As PDVSA CEO, he forced Diego Salazar as main intermediator between Chinese companies receiving billions worth of procurement contracts from Venezuela and PDVSA. One exhibit is Sinohydro. But there are many more. With "earned" profits, Salazar set to grow his property portfolio in many places, and in Paris, he got his Banca Privada d'Andorra (BPA) banker money launderer Pablo Laplana to liaise with Coralie Oger, a lawyer from FTPA.

Diego Salazar buildings in Paris

Lawyers, as we know, are a third the money laundering problem (the other two thirds being equally corrupt bankers and useless financial watchdogs). Oger's expertise is described as "Corporate Law and Mergers and Acquisitions, and in particular in international and domestic Mergers & Acquisitions, Restructurings and LBO and Private Equity transactions."

So when thug Diego Salazar needed to diversify his "private equity" through non-descript structures, Oger assisted him with creation of a Luxembourg vehicle that would obscure the ultimate beneficiary owner of two buildings -worth €50 million- located in 17/19 Av. Montaigne and 7 Rue du Cirque in Paris.

Coralie Oger, Philippe Pochet and Jean Francois Clermont Tonerre helped launder Diego Salazar's funds looted from PDVSA.

Oger was not acting without approval from the top at FTPA. One Philippe Pochet, "one of the founding partners of FTPA... seasoned practitioner with a proven track record in Intellectual Property and Media Law... particularly active in the fashion and cinema industries..." was CCed in Oger's email communications with BPA's Laplana.

And Pochet wasn't the last "seasoned practitioner with a proven track record" to partake with Salazar: someone self described as "Recognised as one of Europe’s leading innovators and investors...", someone who "has led successful ventures in Europe and North America. From real estate to merger arbitrage and hedge fund management", and who "understands how to maximise returns for investors", AND has a "commitment to transparency" was also part of Salazar money laundering activities. We refer to Jean-François de Clermont-Tonnerre.

Aside from BPA's Laplana, a true, blue-blooded Swiss bank with centuries-long expertise in money laundering (Hottinger & Cie) was used by Salazar to wire the proceeds of corruption around. This site sent request for comments to Oger and to Antoine Tchekhoff, another FTPA founder. Neither has replied. 

Salazar was arrested for corruption in Venezuela. Please do ponder on somebody being arrested for corruption, IN Venezuela. Unconfirmed reports claimed Salazar had been freed recently. Ramirez, first cousin and main benefactor / beneficiary of Salazar's "business activities", is in chavismo's dog house, desperately trying to convince the world he is innocent. This site knows better.

Add to Breaking news
Off