062223Z NOV 17


Venezuelan Vice President Tareck El Aissami also is alleged to have ties with Islamist militants.


Vice President Tareck El Aissami has summoned bondholders to a meeting in Caracas as Venezuela prepares to restructure its crushing debt. For some, the meeting could land them behind bars.

El Aissami, sanctioned by the U.S. Treasury Department this year after accusations he oversaw a cocaine-smuggling network, is one of the nation’s iron-fisted political operatives. Often in charge of delivering President Nicolas Maduro’s most critical messages, he blasts critics publicly, exposing supposed conspiracy rings and threatening legal action against dissident leaders from National Assembly President Julio Borges to Luisa Ortega, the public-prosecutor-turned-whistle-blower.

Now, he’s in charge of a delicate financial dance in which investors and funds risk running afoul of the U.S. Office of Foreign Assets. Not only do U.S. sanctions prohibit Americans from receiving new bonds that Venezuela would hand them as part of a restructuring, but El Aissami is designated as a narcotics trafficker under the Kingpin Act. American corporate officers dealing with him run the risk of fines and prosecution of as much as $5 million and 30 years in prison.


From CIW NEWS Contributor

Venezuela crime infowar

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See all news on Caracas and on Venezuela.

Caracas - capital of Venezuela - is in the middle of the map below.

21.8° N
89.4° W
44.4° W
0.8° S


Caracas, Venezuela

Venezuela (VE) is estimated to have a population of 31.0 million with a growth rate during 2010-2015 of 1.4% pa.
At the same rate of change, in five years' time its population will increase by 2.2 million.