Trump admin ends Venezuela businessman probe

Venezuelan businessman Alejandro Betancourt, linked to a long-running US investigation into money laundering from PDVSA, was ultimately cleared to collaborate on a US-backed plan to control Venezuela’s oil reserves. This deal, announced by President Trump, aims to secure US access to billions of barrels of oil and facilitate economic recovery in Venezuela. Despite prior investigations and allegations, US officials endorsed working with Betancourt, citing a lack of charges and vetting through US systems.

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