Overview
- Saab, who arrived in Miami late Saturday, appeared in federal court Monday and was ordered held without bond until June 24.
- Venezuela’s migration agency said Saturday it deported Saab as a Colombian citizen under national migration law, and reporting noted uncertainty over whether his Venezuelan nationality was revoked.
- U.S. prosecutors in the Southern District of Florida accuse Saab of laundering hundreds of millions tied to Venezuelan public contracts, alleging bribes to officials and transfers through U.S. banks.
- Indictment filings describe about $350 million moved with partner Álvaro Pulido through shell firms and deals linked to CLAP, a state food program often flagged for overpricing and graft.
- A media outlet linked to Saab, Venezuela News, shut down operations Monday and told about 100 staff to leave, a swift ripple effect noted by the national press workers’ union.