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UPDATED - News from Caracas early this morning woke up a lot of people. The exiled Venezuelans among those people are finding difficult to believe that Maduro and partner in crime Cilia have been captured and flown out of the country. Delcy Rodriguez has said that the U.S. has violated international law with the action, adding that Venezuela will never be under anyone's tutelage… This is where everyone can see just how completely deranged chavistas truly are, considering what they’ve been doing since 1999.

Everyone involved with this site has been following Venezuelan politics for two to four decades, some even since the time Romulo Betancourt imposed his doctrine of non-alignment with dictatorships. Chavismo turned Venezuela into what Betancourt despised, but it did so in ways that nobody could foresee. It isn't about Hugo Chavez volunteering to become a pawn of Fidel Castro, surrendering Venezuela's sovereignty and matters of strategic and national security to the impoverished Cuban dictatorship.

THE COUNCIL OF THE EUROPEAN UNION published the following yesterday:

Imagine the world's largest money laundering jurisdiction (Switzerland) issuing an arrest warrant for a money launderer. That is exactly what is happening to Alejandro Betancourt. The reason? His direct involvement in a scheme to loot $4+ billion out of PDVSA. He didn’t do it alone, of course. His associates from Derwick were there. Luis and Ignacio Oberto Anselmi "structured" the deal.

[UPDATED 05/12/2025] - Sources in Spain reported yesterday that Alejandro Betancourt was arrested by British police in London and released on bail.

Spain's anti corruption prosecutors Juan José Rosa Álvarez and José Grinda González presented criminal charges on July 4th against Nervis Villalobos and wife Milagros Torres, Javier Alvarado and wife Maria Consuelo Pardi and lover Cecirée Carolina Casanova, Luis Jesús Barrios Melean, Luis Carlos de León and wife Andreina Gámez Rodríguez, Julia Elba Van Den Brule, and Duro Felguera's executives Ángel Antonio del Valle Suárez and Juan Carlos Torres Inclán.

Gotham City reported this week: "Saint Barth: le PNF bloque la vente suspecte d'une villa à 28 millions: Une récente décision de justice révèle que l'oligarque russe Kirill Pisarev a tenté de racheter une propriété à Saint-Barthélemy évaluée à 28 millions d'euros à l'homme d'affaires vénézuélien Luis Oberto. Or tous deux sont visés par des enquêtes séparées du Parquet national financier.

Gotham City reported yesterday "Affaire PDVSA: le ministère public rend 80 millions de dollars aux prévenus". In news that will surprise not a single person, Switzerland's Federal Tribunal decided to ignore evidence at hand and give back to Francisco Morillo $80 million that had been seized from personal and company accounts during a penal process that, while allegedly started by PDVSA, never got real traction within Nicolas Maduro's regime.