Naman Wakil of Syria conspired with others to bribe officials at Venezuela’s state-owned energy and food companies to obtain contracts worth at least $250m (€211m), a Miami court was told.
He laundered his earnings through bank accounts in South Florida and purchased ten apartments in the region, a $3.5m plane, a $1.5m yacht and other goods, the Associated Press agency reported prosecutors as saying.
Wakil is charged with conspiracy to violate the Foreign Corrupt Practices Act, violating the act, conspiracy to commit money laundering, international promotional money laundering, three counts of engaging in transactions involving criminally derived property and other offences. If convicted, Wakil faces up to 80 years in prison.
He is said to have bribed officials at energy company Petroleos de Venezuela and food company Corporacion de Abastecimiento y Servicios Agricola from 2010 to at least September 2017 in order to do business with the energy company and sell food to the food company.
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