Message to INFODIO readers: investigative journalism, which is what this site does, takes lots of time. Visiting media looking for a quick run down on Venezuela's gargantuan corruption, have the decency to at least cite the source when plagiarising this site's content without attribution (exhibit Reuters here and here, exhibit Bloomberg here, exhibit OCCRP here). To all readers, do the right thing, the honest thing: support independent investigative journalism, help us expose rampant corruption. Note added 28/06/2021: impostors are using this site's former editor's full name, and a fake email address (alek.boyd.arregui@gmail.com) to send copyright infringement claims / take down requests to web hosting companies (exhibit Hostgator). The attempt is yet another effort paid by corrupt thugs to erase information about their criminal activities. Infodio.com has no issues with other websites / journalists using / posting information published here, so long as the source is properly cited.

rafael ramirez

Rafael Ramirez' Canaima Finance Ltd wired $12 million to Baldo Sanso Anonymous Thu, 01/11/2024 - 06:58

On April 20, 2022 Portugal's Public Prosecution investigating Banco Espirito Santo's (BES) corruption sent an MLAT to Switzerland. Bribe payments, money laundering, forging of documents and criminal association are the accusations put forth by the prosecution.

Rafael Ramirez got €47 million bribe from Banco Espirito Santo through Canaima Finance Ltd Anonymous Mon, 11/06/2023 - 07:19

Canaima Finance Limited. That is, according to a criminal probe led in Portugal by prosecutor Olga Barata, the shell in which Rafael Ramirez got €47,831,557 from a slush fund to make bribe payments created by Ricardo Salgado (Banco Espirito Santo - BES). Luis Rosa from El Observador was given access to the prosecution files and has the full report.

U.S. Dept of Justice investigated Rafael Ramirez in 2018.

In the league of "corruption that bankrupts nations" Venezuela is an outlier. The corruption is of such scale that over a quarter of Venezuela's population have decided that exile and asylum seeking are better options. Corruption is, and has been, one of the fundamental policies of chavismo. Trillions of dollars have been lost since Hugo Chavez came to power in 1999. Whereas Chavez formulated the policy, Rafael Ramirez was hand-picked as executor in chief.

Venezuelan judiciary "after" Rafael Ramirez Anonymous Mon, 09/19/2022 - 10:41

Is the ask that has no reasonable explanation: how come Rafael Ramirez has not been indicted, charged, arrested, extradited, jailed? Anyone that has spent more than five minutes in Venezuela knows the answer. Justice is something reserved for political foes, a tool to be used selectively, when convenient and politically expedient. Ramirez seems to have become a target in some factions within chavismo, but it will be difficult to disentangle mess left behind. For one Nicolas Maduro was sitting across the table in PDVSA's board when Ramirez was looting the company with family and friends.

Tareck el Aissami's corruption accusations against Rafael Ramirez: rank hypocrisy Anonymous Wed, 08/31/2022 - 02:41

Someone must have shared "UPDATED - Nervis Villlalobos & Rafael Ramirez' web of corruption exposed" with Tareck el Aissami, who, in developing news, denounced yesterday some (just some) of the participants in a scheme that misappropriated and laundered over $4 billion dollars in 2012. El Aissami mentioned Rafael Ramirez, Luis and Ignacio Oberto, architects behind the theft of course. Nervis Villalobos,

Urdaneta Aqui's four year sentence might end Rafael Ramirez's Dolce Vita Anonymous Fri, 06/24/2022 - 05:45

Check out this headline: "Former top Venezuelan oil ministry lawyer gets 4 years in Miami money laundering case." The lawyer in question is Carmelo Urdaneta Aqui, a confidant and trusted operator in all manner of corruption of Rafael Ramirez.

Add France to jurisdictions probing Rafael Ramirez & criminal clan Alek Boyd Wed, 11/24/2021 - 07:55

Let us get into specifics: on 5th May 2016, Andorran Prosecutor Canòlic Mingorance sent a Letter Rogatory to Mireille Venet, Assistant to National Financial Prosecutor's Office in Paris.

Will U.S. Justice ever get Rafael Ramirez? Ask Abbe Lowell / NSC Alek Boyd Fri, 10/01/2021 - 05:40
Sentence of Abraham Ortega exposes Rafael Ramirez Alek Boyd Thu, 05/06/2021 - 05:12

Some time ago we reported that Abraham Edgardo Ortega had pleaded guilty of accepting bribes in connection to a multi billion dollar money laundering scheme. It was reported yesterday that Ortega got sentenced to two years imprisonment. Ortega's sentence reveals, for the first time, Rafael Ramirez's direct involvement in various money laundering scandals centered at PDVSA.

Italy must prosecute Rafael Ramirez and his black money Alek Boyd Wed, 10/07/2020 - 09:46

In certain quarters, Italy’s Guardia di Finanza is believed to be one of the world’s foremost law enforcement bodies when it comes to prosecute financial crimes. It might have to do with being Italy’s oldest police force. In any case, Italy has become an important destination for a post modern sort of Mafia: Chavismo, one of the most powerful transnational criminal groups ever to emerge. PDVSA, the State owned energy giant from Venezuela, was managed by Rafael Ramirez for approximately 12 years (2002 – 2014).