We collect cookies to analyze our website traffic and performance; we never collect any personal data. Cookie Policy
Accept
The Tycoon Herald
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Reading: US seizes Venezuelan president’s aircraft in Dominican Republic By Reuters
Sign In
The Tycoon HeraldThe Tycoon Herald
Font ResizerAa
Search
  • Trending
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Money
    • Crypto / NFT
  • Innovation
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Leadership
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© Tycoon Herald. All Rights Reserved.
US seizes Venezuelan president’s aircraft in Dominican Republic By Reuters
The Tycoon Herald > Business > US seizes Venezuelan president’s aircraft in Dominican Republic By Reuters
Business

US seizes Venezuelan president’s aircraft in Dominican Republic By Reuters

Tycoon Herald
By Tycoon Herald 3 Min Read
Share
SHARE

By Matt Spetalnick and Jasper Ward

WASHINGTON (Reuters) -The US has seized a aircraft utilized by Venezuelan President Nicolas Maduro and flown it from the Dominican Republic to Florida after figuring out that its buy violated U.S. sanctions, the U.S. Justice Division stated on Monday.

The seizure of the plane got here amid persevering with stress on Maduro at residence and overseas over a contested July 28 election that he claimed to have received, whereas the opposition stated its vote tallies confirmed its candidate to have soundly defeated him.

Maduro, his associates and the OPEC member-state’s very important oil sector are beneath heavy U.S. sanctions, and his dealing with of the election has raised the prospects that additional measures may very well be imposed.

U.S. Legal professional Basic Merrick Garland stated in an announcement that the Dassault Falcon 900EX plane was illegally bought for $13 million via a shell firm and smuggled out of the U.S. “for use by Nicolás Maduro and his cronies.”

“Let this seizure send a clear message: aircraft illegally acquired from the United States for the benefit of sanctioned Venezuelan officials cannot just fly off into the sunset,” stated Matthew Axelrod, the U.S. Commerce Division’s Assistant Secretary for Export Enforcement.

U.S. officers stated the seizure, which was first reported by CNN, was carried out working intently with the Dominican Republic.

The Venezuelan authorities didn’t instantly reply to a request for remark.

“This is an important step to ensure that Maduro continues to feel the consequences from his misgovernance of Venezuela,” stated a spokesperson for the White Home Nationwide Safety Council.

A variety of impartial sources has proven that Maduro and his representatives “have tampered with the results of the July 28 presidential election, falsely claimed victory and carried out widespread repression to maintain power by force,” the spokesperson added.

US seizes Venezuelan president’s aircraft in Dominican Republic By Reuters

A Justice Division investigation confirmed that in late 2022 and early 2023 “persons affiliated with Maduro allegedly used a Caribbean-based shell company to conceal their involvement in the illegal purchase of the Dassault Falcon 900EX aircraft.”

The aircraft was then illegally exported from the US to Venezuela via the Caribbean final yr and since then has flown to and from a Venezuelan navy base and been used “for the benefit of Maduro and his representatives, including to transport Maduro on visits to other countries,” the Justice Division stated.

You Might Also Like

Joseph Safina’s Driven Becomes Amazon Bestseller, Blending High Finance with High Speeds

Fashion Designer Hyeonseo Irene Park: Redefining Menswear Through Originality and Collaboration

From Pattaya to the World: Bryan Flowers’ Unstoppable Rise as a Global Entrepreneur

Astana International Forum 2025: “Connecting Minds, Shaping the Future”

Investment success: GP Fatih Marketing Research Co LLC and the gold dream in Africa

TAGGED:DominicanPlanePresidentsRepublicReutersseizesVenezuelan
Share This Article
Facebook Twitter Email Copy Link Print
The Hundred: Harry Brook smashes England team-mates as Northern Superchargers beat Oval Invincibles
Sports

The Hundred: Harry Brook smashes England team-mates as Northern Superchargers beat Oval Invincibles

Harry Brook crunched 5 sixes and three fours off a number of fellow England internationals as his 56 from 27 balls boosted Northern Superchargers' hopes of reaching the Hundred knockout…

By Tycoon Herald 4 Min Read
Menendez Bros Legal professional Says Parole Listening to Was ‘Rigged’
August 23, 2025
Dr. Fatima Tun Nissa Raza on Neuro-Ophthalmology
August 23, 2025
British Masters: Matthew Fitzpatrick leads by one forward of ultimate spherical as Rasmus Hojgaard seems to clinch Ryder Cup spot
August 23, 2025
Bryan Kohberger Added to Christmas Listing Days After Mass Killing
August 23, 2025

You Might Also Like

Gaza residents stream dwelling to the north after hostage breakthrough By Reuters
Business

Gaza residents stream dwelling to the north after hostage breakthrough By Reuters

By Tycoon Herald 6 Min Read
Greenback positive factors on tariffs fears; euro seems to be to ECB assembly By Investing.com
Business

Greenback positive factors on tariffs fears; euro seems to be to ECB assembly By Investing.com

By Tycoon Herald 5 Min Read
EQT Real Estate acquires 12-building logistics assemblage positioned in key Northern Italian submarkets By Investing.com
Business

EQT Real Estate acquires 12-building logistics assemblage positioned in key Northern Italian submarkets By Investing.com

By Tycoon Herald 4 Min Read

More Popular from Tycoon Herald

MEET THE FATHER OF COADUNATE ECONOMIC MODEL
BusinessTrending

MEET THE FATHER OF COADUNATE ECONOMIC MODEL

By Tycoon Herald 2 Min Read
Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

Woman Sentenced to 7 Days in Jail for Walking in Yellowstone’s Thermal Area

By Tycoon Herald
Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments
InnovationTrending

Empowering Fintech Innovation: Swiss Options Partners with Stripe to Transform Digital Payments

By Tycoon Herald 7 Min Read
Sports

Grand Nationwide: Cheltenham Gold Cup winner Inothewayurthinkin dominated out of Aintree bid

Cheltenham Gold Cup hero Inothewayurthinkin won't bid for an historic double within the Randox Grand Nationwide…

By Tycoon Herald
Business

LG Power Resolution to produce batteries to Mercedes-Benz affiliate in North America By Reuters

SEOUL (Reuters) -South Korea's LG Power Resolution (LGES) mentioned on Tuesday it signed a deal to…

By Tycoon Herald
Trending

U.S. Blew Up a C.I.A. Post Used to Evacuate At-Risk Afghans

A controlled detonation by American forces that was heard throughout Kabul has destroyed Eagle Base, the…

By Tycoon Herald
Leadership

Northern Lights: 17 Best Places To See Them In 2021

Who doesn’t dream of seeing the northern lights? According to a new survey conducted by Hilton, 59% of Americans…

By Tycoon Herald
Real Estate

Exploring Bigfork, Montana: A Little Town On A Big Pond

Bigfork, Montana, offers picturesque paradise in the northern wilderness. National Parks Realty With the melting of…

By Tycoon Herald
Leadership

Leaders Need To Know Character Could Be Vital For Corporate Culture

Disney's unique culture encourages young employees to turn up for work with smiles on their faces.…

By Tycoon Herald
The Tycoon Herald

Tycoon Herald: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Terms of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© Tycoon Herald. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?