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

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

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

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

TAGGED:DominicanPlanePresidentsRepublicReutersseizesVenezuelan
Share This Article
Facebook Twitter Email Copy Link Print
Tyson Fury might want Oleksandr Usyk revenge, however Anthony Joshua battle has ‘huge attraction’, says Frank Warren
Sports

Tyson Fury might want Oleksandr Usyk revenge, however Anthony Joshua battle has ‘huge attraction’, says Frank Warren

Tyson Fury might be tempted out of retirement by the lure of "revenge" in a trilogy battle with Oleksandr Usyk.However lastly combating his nice British rival Anthony Joshua would have…

By Tycoon Herald 4 Min Read
Florida Congressman Thinks Comey Ought to’ve Identified Higher Than to Publish ‘8647’
May 17, 2025
Champions League qualification: Who’s almost certainly to win race and what number of spots will Premier League groups have?
May 17, 2025
Kim Kardashian, Katy Perry Costume Sizzling for Lauren Sanchez’s Bachelorette Get together
May 17, 2025
Arsenal ponder switch transfer for Atalanta star Ademola Lookman – Paper Speak
May 17, 2025

You Might Also Like

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
Oil falls as Trump repeats name for OPEC to chop costs By Reuters
Business

Oil falls as Trump repeats name for OPEC to chop costs By Reuters

By Tycoon Herald 4 Min Read
Auschwitz survivors to mark eightieth anniversary of camp’s liberation By Reuters
Business

Auschwitz survivors to mark eightieth anniversary of camp’s liberation By Reuters

By Tycoon Herald 3 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
Business

Class Motion Announcement for MGP Components, Inc. Buyers: A Securities Fraud Class Motion Lawsuit Was Filed Towards MGP Components, Inc. – Contact Kessler Topaz Meltzer & Examine, LLP By Investing.com

RADNOR, PA - (NewMediaWire) - December 28, 2024 - The legislation agency of Kessler Topaz Meltzer…

By Tycoon Herald
BusinessEntertainment

Box Office: ‘House Of Gucci’ Earns $5.7M Friday But ‘Resident Evil’ Is DOA

G_00924_RC Lady Gaga stars as Patrizia Reggiani in Ridley Scott’s HOUSE OF GUCCI A Metro Goldwyn…

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?