LIVE NEWS
  • Watch NASA’s new Mars helicopter rotor break the speed of sound (video)
  • Venezuela Extradites Billionaire Tycoon Alex Saab to U.S.
  • Solana Foundation president calls meme coins a production test net
  • Week in review: Cisco patches SD-WAN 0-day, unpatched Microsoft Exchange Server flaw exploited
  • One of the market’s hottest trades is everything AI can’t replace
  • As war displaces millions in DR Congo, new schools offer children hope beyond violence — Global Issues
  • Tech exports sustain strong growth – ING
  • Senators introduce bill to abolish military draft agency
Prime Reports
  • Home
  • Popular Now
  • Crypto
  • Cybersecurity
  • Economy
  • Geopolitics
  • Global Markets
  • Politics
  • See More
    • Artificial Intelligence
    • Climate Risks
    • Defense
    • Healthcare Innovation
    • Science
    • Technology
    • World
Prime Reports
  • Home
  • Popular Now
  • Crypto
  • Cybersecurity
  • Economy
  • Geopolitics
  • Global Markets
  • Politics
  • Artificial Intelligence
  • Climate Risks
  • Defense
  • Healthcare Innovation
  • Science
  • Technology
  • World
Home»World»Venezuela Extradites Billionaire Tycoon Alex Saab to U.S.
World

Venezuela Extradites Billionaire Tycoon Alex Saab to U.S.

primereportsBy primereportsMay 17, 2026No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Venezuela Extradites Billionaire Tycoon Alex Saab to U.S.
Share
Facebook Twitter LinkedIn Pinterest Email


A scandal-plagued billionaire tycoon close to Venezuela’s deposed president, Nicolás Maduro, was extradited to the United States on Saturday, Venezuela’s government said.

The extradition of Alex Saab, a Colombian-born businessman whom U.S. prosecutors have accused of enriching himself through lucrative government contracts, marks an escalation of a purge by Venezuela’s new acting president, Delcy Rodríguez. She is targeting figures who helped keep Mr. Maduro in power for more than a decade.

Ms. Rodríguez, who was Mr. Maduro’s vice president and rose to power with the Trump administration’s blessing after U.S. forces captured Mr. Maduro in January, fired Mr. Saab from his post as industry minister shortly after Mr. Maduro was seized and taken to the United States.

Her government detained Mr. Saab in early February at the Trump administration’s request, underscoring Washington’s new sway over Venezuela.

U.S. prosecutors have claimed that Mr. Saab controls some of Mr. Maduro’s funds, raising speculation that they could use his extradition to strengthen their case against Mr. Maduro. The deposed leader is currently being held in New York, where he has been charged with conspiracies to commit narco-terrorism and import cocaine, along with other counts.

Lawyers representing Mr. Saab in Venezuela could not be reached immediately for comment.

This is the second time that Mr. Saab, 54, has landed in a U.S. prison. While traveling on business to Iran, a close ally of the Maduro government, he was detained in 2020 in the West African nation of Cape Verde and in 2021 extradited at the request of the U.S. government.

He then spent nearly two years in prison on money-laundering charges. In 2023, Mr. Biden pardoned Mr. Saab, who received a hero’s welcome from Mr. Maduro on his return to Venezuela in a prisoner swap that included 10 Americans.

U.S. prosecutors have accused Mr. Saab of being involved in a scheme in which he and others used shell companies and no-bid contracts to siphon off government money intended to ease a starvation crisis, when the economy crashed a decade ago during Mr. Maduro’s rule.

Mr. Saab, born in Colombia, moved to Venezuela and became a citizen of both countries. That was thought to have complicated his extradition, since Venezuela’s constitution prohibits the extradition of citizens.

Still, legal experts have argued that a provision in a 1922 treaty between the United States and Venezuela might allow exceptions. Speculation also quickly emerged in Venezuela on Saturday that Mr. Saab may have been stripped of his Venezuelan citizenship to allow the extradition to proceed.

Venezuela’s government limited its declarations on the matter to saying that Mr. Saab was a “Colombian citizen who is implicated in committing several crimes in the United States of America, a fact that is widely known, notorious, and heavily documented in the media.”

The Venezuelan authorities did not respond to requests for further comment.



Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleSolana Foundation president calls meme coins a production test net
Next Article Watch NASA’s new Mars helicopter rotor break the speed of sound (video)
primereports
  • Website

Related Posts

World

WHO declares Ebola outbreak in DRC, Uganda a global emergency: What to know | Explainer News

May 17, 2026
World

Is it safe to swim at England's bathing sites?

May 17, 2026
World

Pity the poor AI datacenters facing ‘discrimination’ | Arwa Mahdawi

May 17, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Global Resources Outlook 2024 | UNEP

December 6, 20258 Views

The D Brief: DHS shutdown likely; US troops leave al-Tanf; CNO’s plea to industry; Crowded robot-boat market; And a bit more.

February 14, 20265 Views

German Chancellor Merz faces difficult mission to Israel – DW – 12/06/2025

December 6, 20254 Views
Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Latest Reviews

Subscribe to Updates

Get the latest tech news from FooBar about tech, design and biz.

PrimeReports.org
Independent global news, analysis & insights.

PrimeReports.org brings you in-depth coverage of geopolitics, markets, technology and risk – with context that helps you understand what really matters.

Editorially independent · Opinions are those of the authors and not investment advice.
Facebook X (Twitter) LinkedIn YouTube
Key Sections
  • World
  • Geopolitics
  • Popular Now
  • Artificial Intelligence
  • Cybersecurity
  • Crypto
All Categories
  • Artificial Intelligence
  • Climate Risks
  • Crypto
  • Cybersecurity
  • Defense
  • Economy
  • Geopolitics
  • Global Markets
  • Healthcare Innovation
  • Politics
  • Popular Now
  • Science
  • Technology
  • World
  • About Us
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • DMCA / Copyright Notice
  • Editorial Policy

Sign up for Prime Reports Briefing – essential stories and analysis in your inbox.

By subscribing you agree to our Privacy Policy. You can opt out anytime.
Latest Stories
  • Watch NASA’s new Mars helicopter rotor break the speed of sound (video)
  • Venezuela Extradites Billionaire Tycoon Alex Saab to U.S.
  • Solana Foundation president calls meme coins a production test net
© 2026 PrimeReports.org. All rights reserved.
Privacy Terms Contact

Type above and press Enter to search. Press Esc to cancel.