Online Event: Understanding Corruption in Venezuela: The Saab Case

Please join the CSIS Future of Venezuela Initiative for a public, virtual event to discuss the role of corruption in Venezuela amid the recent arrest of Alex Saab, a corrupt businessman with strong links to the Maduro regime. Saab, who allegedly helped the Maduro regime launder hundreds of millions of dollars of state funds, was sanctioned by the U.S. Treasury and indicted by prosecutors in the Southern District of Florida last year. He has continued to act as a key financier to the Maduro regime and was reportedly en route to Iran when he was arrested in Cape Verde on June 12th.

Saab has long been a high-priority target for the United States, and his case is illustrative of the massive corruption networks that have propped up the Maduro regime for years as Venezuelans experience a humanitarian crisis. In this virtual event, experts will discuss the implications of Saab’s arrest, its role within the broader context of corruption in Venezuela, as well as the role of indictments in the U.S. maximum pressure campaign against the Maduro regime.

This event is made possible through general support to CSIS.