Saab

Venezuela: Former Minister Saab Pleads Guilty to Money Laundering, to Cooperate with US Authorities

The former minister was handed over to US agencies in May. (Archive)

Caracas, September 16, 2026 (venezuelanalysis.com) – Former Venezuelan Industry Minister and government envoy Alex Saab pleaded guilty to conspiracy to commit money laundering and illicit financial transactions after reaching a plea deal with US prosecutors in a federal court in Miami.

Appearing before the US District Court for the Southern District of Florida, Saab changed his previous “not guilty” plea, entered on July 24, during a hearing before Judge Kathleen M. Williams. “Guilty, Your Honor,” the 54-year-old businessman stated during Tuesday’s session.

In his guilty plea, Saab admitted to participating, alongside “high-ranking officials” in the Nicolás Maduro government, in an “illegal scheme” involving bribes and illicit payments linked to the CLAP subsidized food program. The money allegedly obtained through the scheme was wired through accounts located in South Florida.

In the 12-page plea agreement, Saab named Socialist Party (PSUV) lawmaker José Gregorio Vielma Mora, who was governor of Táchira state at the time, as an alleged accomplice, alongside Colombian nationals Álvaro Pulido Vargas, Emmanuel Enrique Rubio González, and Carlos Rolando Lizcano. 

However, he also referred to two other individuals as “co-defendant 1” and “co-defendant 3.” Their identities have not been publicly disclosed by US prosecutors.

Saab also agreed to “fully cooperate” with the US Department of Justice (DOJ) by providing “truthful and complete information and testimony, and producing documents, records, and other evidence” in “any trial or judicial proceeding” requested by the US government.

He likewise agreed that he would not “protect any person or entity through false information or omission,” nor falsely implicate “any person or entity.”

The Colombian-born businessman also agreed to surrender US $195 million, along with properties and assets derived from the alleged crimes, to prosecutors. The government gave him 14 days to disclose all assets related to the offenses.

Saab, who stated that he suffers from post-traumatic stress disorder and takes antidepressants every night to sleep, could face a maximum sentence of 20 years in prison, as well as a $500,000 fine.

Nevertheless, prosecutors reportedly agreed to recommend a reduced sentence if his cooperation against the other defendants in the case proves valuable. His sentencing hearing has not been scheduled but is expected to take place in January.

The DOJ warned that it “reserves the right to evaluate the nature and extent of the defendant’s cooperation,” as well as the “quality and significance” of the information provided for the relevant investigations.

The agreement does not publicly specify which investigations Saab will be required to assist with or which other Venezuelan officials the US Justice Department is targeting. With Saab having been a key figure for Caracas to circumvent US economic sanctions, analysts have speculated that he could be a witness in the case against President Nicolás Maduro.

Maduro and First Lady Cilia Flores are facing charges, including drug trafficking conspiracy, after being kidnapped by US special forces on January 3.

The current case is the second criminal prosecution Saab has faced in the United States. In 2020, when traveling as a Venezuelan government envoy, he was arrested in Cape Verde during a refueling stop and subsequently extradited to the United States. He was on trial for separate money laundering accusations.

However, in December 2023, then-President Joe Biden granted Saab a pardon as part of a prisoner exchange between the United States and Venezuela. Saab returned to Caracas and joined the government as minister of industry. Following Maduro’s kidnapping, Acting President Delcy Rodríguez removed the former envoy from the cabinet in January before authorities handed him over to US agencies in May.

Venezuelan high-ranking officials claimed that Saab had committed fraud in acquiring Venezuelan citizenship and vowed to present evidence of his alleged long-term cooperation with US agencies, but no further details have been released to date.

Edited by Ricardo Vaz in Lisbon, Portugal.

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Arab News | Hezbollah must be convinced to prioritize Lebanon and not Iran, says Elias Bou Saab

DUBAI: Hezbollah must prioritize Lebanon’s interests over those of Iran for progress to be made on disarming the group and advancing negotiations with Israel, deputy speaker in the Lebanese Parliament, Elias Bou Saab, said on Wednesday, as negotiations remain frozen amid the wider US war on Iran.

Lebanon’s government cannot secure a lasting agreement with Israel without Hezbollah’s backing for the transfer of weapons to state control Bou Saab said at the Arab Media Summit in Dubai, in a session titled “Lebanon at a Crossroads.”

But a key aspect of moving negotiations further is getting on the same page with Hezbollah, said Bou Saab.

“If the Lebanese state does not have Hezbollah’s approval, it is negotiating over something that it cannot deliver.

“That’s why Hezbollah needs to be convinced that we need to reach a solution to the issue of handing over weapons and ensuring that weapons are exclusively in the hands of the Lebanese state,” he said.

Bou Saab emphasized the need to disarm Hezbollah and ensure that the Lebanese army is the only armed force in Lebanon.

But he said that disarmament was not enough.

“The issue is not simply about handing over weapons. There need to be guarantees, including the liberation of Lebanese territory and prisoners, and guarantees that Israel will not attack Lebanon,” he said.

“The negotiations are directly linked to what is happening between the US and Iran. We have to wait and see what happens between the US and Iran to know what will happen in Lebanon and when the war in Lebanon will end,” said Bou Saab.

The MP said Lebanon was, at this stage, trying to prevent trying a further escalation and expansion of the war.

The US has been sponsoring talks between Israel and Lebanon aimed at putting an end to hostilities, with Beirut seeking Israel’s phased withdrawal from the south.

In June, Israel and Lebanon agreed to a framework deal that involves the disarmament of Hezbollah, a gradual withdrawal of Israeli forces from Lebanon’s south and the deployment of the Lebanese army to the region, starting in test areas known as “pilot zones.”

But elections in Israel and the US are putting the negotiations on hold, explained Bou Saab.

“Perhaps after the Israeli and American elections, we will enter a new phase, and that is when the serious discussions about Lebanon’s future will begin.”

He added: “I expect that after the elections perhaps during the period before Christmas, or extending into the period after Christmas will be the most serious period for discussions about Lebanon’s future and where we are heading.”

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Arab News | Melanie Laurent stuns Venice in Elie Saab

DUBAI: French actress Melanie Laurent made a dramatic red-carpet statement in an Elie Saab Haute Couture Fall/Winter 2025–26 gown at the Venice Film Festival.

The sculptural black creation from the Lebanese couturier hugged her silhouette before cascading into a floor-skimming skirt, while intricate silver embellishments illuminated the bodice and skirt with a liquid-metal effect.

Meanwhile, the Venice Film Festival awarded its top prize on Saturday to a drama directed by Danish-Egyptian filmmaker May El-Toukhy about a woman trying to hide a wartime relationship with a Nazi — the only feature film with a female director in the competition.

“Woman Unknown” was a major talking point at the festival because of its subject matter, which has rarely been explored in film, and because El-Toukhy was one of only two female directors in the event.

Only one other woman — Israel’s Rachel Szor, co-director of the chilling documentary “NAZA” about Israel’s war on Gaza — was behind the 21 films vying for prizes at the star-studded closing ceremony in Venice.

“‘Woman Unknown’ is about the female body as a battleground and a public matter. And at the same time, the film tells the tale of women who are invisible, unseen and voiceless,” El-Toukhy, who grew up in Denmark with a Danish mother and Egyptian father, told the ceremony.

The head of this year’s jury, American actor-director Maggie Gyllenhaal, had questioned the dearth of women-directed films on the opening day, but she declined to discuss the issue further at a final press conference.

“I think I’m tired of talking about this same subject over and over,” she said. “I just want to celebrate a brilliantly made movie that I felt was like a laser beam.”

The second-place Silver Lion went to “Possible Love,” a poignant relationship study by South Korean auteur Lee Chang-dong that was one of the most highly praised movies of the festival.

The best director prize went to Russian-born Ilya Khrzhanovsky for his vast, riotous and experimental cinema project “DAU,” which chronicles the life of the troubled father of the Soviet nuclear program, Lev Landau.



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