Venezuela – cocaine, oil and sanctions

Selva Ozelli, Esq., CPA is an international tax attorney and CPA who frequently writes about tax, legal and accounting issues for Tax Notes, Bloomberg BNA, other publications and the OECD.

The President of Venezuela turned, according to US prosecutors, to drugs trafficking and cryptocurrencies in a bid to stave off the impact of sanctions on the crisis-ridden economy of the oil-rich central American state. Selva Ozelli examines the twists and turns that led to US criminal charges against Nicolas Maduro and his senior political associates.