Former Venezuelan oil czar arrested in corruption probe

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Former Venezuelan oil czar arrested in corruption probe
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Former Venezuelan Oil Minister Tareck El Aissami has been arrested in connection with a corruption scheme based on international petroleum sales.

Venezuela’s once powerful oil minister, who resigned unexpectedly last year as prosecutors probed corruption and other wrongdoing at the highest levels of the state-run crude industry, has been arrested in connection with an alleged scheme that siphoned hundreds of millions of dollars from state coffers, the government announced Tuesday. The Ministry of Communications released images of Tareck El Aissami being handcuffed and walking down a hallway flanked by officers.

The oil minister resigned a few days before senior officials in the government of President Nicolás Maduro and business leaders were arrested in March 2023 as part of an investigation into the corruption scheme that was based on international oil sales. El Aissami disappeared from public life after the arrests and his whereabouts were frequently questioned. Saab said El Aissami’s arrest took time because of the various steps in the investigation.

Corruption has long been rampant in Venezuela, which sits atop the world’s largest petroleum reserves. But officials are rarely held accountable — a major irritant to citizens.

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