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.

Latest

Colombian thug Alex Saab loses latest round against Department of Justice

The case of Alex Saab's arrest in Cape Verde could easily be put in the box of U.S. Government's blunders. Department of Justice's Attorneys and Drug Enforcement Administration's agents have been looking into Saab's activities for a very long time, in our view more than enough to build a water-tight case to put away this Colombian thug, his narco partner German Rubio, and his closest relatives / associates. But DoJ and DEA haven't. One of Saab's sons lived in America (on who's dime?) for years.

Note to Alex Navalny: corruption rules the world.

The world's foremost anti corruption campaigner, Alex Navalny, wrote an article from prison recently that was published by The Guardian. In it, Navalny calls for a number of measures to be implemented, in the western world, so that  thugs like the ones ruling his country and mine can be stopped. I have news for Navalny: that call is as likely to happen as Putin or Maduro relinquishing power because their opposition is asking.

Catherine Belton v Putin's People

Any journalist, blogger, commentator that has ever been victimised by very powerful thugs and their detestable counsel ought to be following -with great interest- various class actions brought against Catherine Belton in London. The issue at hand is Belton's book, Putin's People, which gives a detailed account of how a bunch of thugs looted Russia -thanks to thug-in-chief Putin and his KGB, becoming oligarchs in the process.

U.S. Treasury sanctions deliver loss of PDVSA asset (Nynas)

This site has been critical of U.S. Treasury sanctions towards PDVSA / Venezuela. We have argued that, as implemented, sanctions were akin to a haphazard siege: cut access to main / back entrances, leave all other entry points open. We have reported how, despite sanctions, PDVSA hasn’t stopped trading its crude, assisted by a never ending queue of operators who are not American, i.e. do not have to observe / comply with Treasury sanctions. A lot of money has been made on the back of sanctions.

[UPDATED] Bitumina, largest shareholder of Nynas, files for bankruptcy in London

UPDATED 26/07/2021 - A few days ago a source informed this site that Bitumina Industries Limited had filed for bankruptcy in London. We tweeted about it and put the question to the London Gazette, which kindly came back today with corroboration. What this means is that Nynas largest shareholder (Bitumina's 49.9%) is out of the game.