Message to INFODIO readers: investigative journalism, which is what this site does, takes lots of time and effort. Visiting media looking for a quick run down on Venezuela's gargantuan corruption, pls have the decency to at least cite the source when plagiarising this site's content without attribution (exhibit Reuters here, exhibit Bloomberg here, exhibit OCCRP here). To all readers: do the right thing, the honest thing, support independent investigative journalism. Note added 28/06/2021: impostors are using INFODIO's former editor's full name, and a fake email address (alek.boyd.arregui at gmail.com) to send copyright infringement claims / take down requests to web hosting companies. The attempt is yet another effort paid by 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. Note added 12/06/2026: infodio.com has not created mirror websites / domains and remains totally independent and unrelated to others. Beware of websites using our brand.
The U.S. Deparment of Justice announced yesterday that Abraham Ortega, a former PDVSA finance exec, pleaded guilty: "Former Executive Director at Venezuelan State-Owned Oil Company, Petroleos De Venezuela, S.A., Pleads Guilty to Role in Billion-Dollar Money Laundering Conspiracy" A Factual Profer of case (1:18-cr-20685-KMW) was released with the announcement (see below).
The UK's National Health Service's (NHS) website defines Psychosis as "a mental health problem that causes people to perceive or interpret things differently from those around them. This might involve hallucinations or delusions." Then, on the topic of delusions, the NHS claims "delusion is where a person has an unshakeable belief in something untrue.
Rafael Ramirez, the man who squandered through nepotism and graft schemes the largest amount of income that Petroleos de Venezuela (PDVSA) has ever seen / will ever see, is challenging other chavistas to debate about corruption. Seriously.
UPDATED* - Legal news from Curaçao provide another exhibit of Venezuela being the undisputed king in the major leagues of corruption. Andrade Gutierrez, not necessarily the cleanest of operators as exposed in Lava Jato scandal, took Victor Vargas' Banco del Orinoco NV (BdO) to court.
Further to leak of co-conspirators of Francisco Convit and Matthias Krull in setting up a scheme that saw $1.2 billion worth of PDVSA funds misappropriated and laundered, this site can add new elements that point directly to Rafael Ramirez's door. The U.S.
Further to embezzlement of $1.2 billion from PDVSA, for which U.S. Department of Justice indicted Francisco Convit and Matthias Krull, the full list of named conspirators (see below) has been leaked to this site. Expectedly Derwick Associates execs are all involved, as well as other equally criminal Venezuelan "businessmen", PDVSA officials and, even, Nicolas Maduro.
Rafael Ramirez, the man who single-handedly administered over a trillion dollars during his tenure, as both PDVSA CEO and Venezuela's Minister of Energy, is accusing chavismo of corruption in granting oil concessions.
Brazil's Estadao reported yesterday that Switzerland Prosecutor's Office will send to the U.S. Department of Justice (DoJ) banking information related to payment of $160 million worth of bribes to five PDVSA officials.
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