Categories: Business

Trump team quietly closed probe into businessman eyed by US to broker Venezuela oil deal

The Trump administration sought Alejandro Betancourt’s help for a major US oil deal with Venezuela. Federal prosecutors recently closed their investigation into Betancourt after administration officials intervened. Betancourt was investigated as part of a probe into alleged embezzlement and laundering from PDVSA. His position shifted as the administration sought a larger role for US companies in Venezuela’s oil industry.

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