Venezuela: Tarek El Aissami presented to anti-terrorism court

The Venezuelan prosecutor's office has announced new evidence against former oil minister Tareck El Aissami, accused of massive corruption and brought before an anti-terrorism court.

Share:

Tarek El Aissami tribunal

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

Charged with multiple offences, Tareck El Aissami was brought before the Venezuelan justice system, with public disclosure of the evidence. “The presentation hearing before the 2nd Counter-Terrorism Control Court has taken place,” announced Attorney General Tareck William Saab via social network X. This statement marks the start of legal proceedings against the former oil minister.

Publication of evidence

The public prosecutor’s office released videos and photographs showing Tareck El Aissami entering the Caracas courthouse in handcuffs. Dressed in sky-blue prison garb and escorted by agents armed with rifles, these images visually support the accusations against him.

Accusations made

Tareck El Aissami, who was arrested on Tuesday, “will be charged with treason, appropriation of public property, money laundering and criminal conspiracy,” in Mr. Saab’s words. These accusations are linked to embezzlement by Petroleos de Venezuela (PDVSA), using crypto-currencies such as the Petro to circumvent US sanctions.

Impact of the scandal and financial details

The press brought to light embezzlement cases involving some fifty people, with sums reaching 15 billion dollars. The strategic use of Petro in the sale of crude oil was aimed at evading international sanctions, but also fueled a vast network of financial corruption.

Mr. Saab linked Mr. El Aissami to a “conspiracy to provoke economic and financial chaos and social violence,” justifying his appearance before an anti-terrorism court. Last Tuesday, in an interview with VTV, Saab said that “the multiplicity of crimes” of which Mr. El Aissami is accused “suggests the maximum sentence” of 30 years in prison.

A sudden fault on the national grid cut electricity supply to several regions of Nigeria, reigniting concerns about the stability of the transmission system.
Re-elected president Irfaan Ali announces stricter production-sharing agreements to increase national economic returns.
Coal India issues tenders to develop 5 GW of renewable capacity, split between solar and wind, as part of its long-term energy strategy.
US utilities anticipate a rapid increase in high-intensity loads, targeting 147 GW of new capacity by 2035, with a strategic shift toward deregulated markets.
France opens a national consultation on RTE’s plan to invest €100 billion by 2040 to modernise the high-voltage electricity transmission grid.
Governor Gavin Newsom orders state agencies to fast-track clean energy projects to capture Inflation Reduction Act credits before deadlines expire.
Germany’s energy transition could cost up to €5.4tn ($6.3tn) by 2049, according to the main industry organisation, raising concerns over national competitiveness.
Facing blackouts imposed by the authorities, small businesses in Iran record mounting losses amid drought, fuel shortages and pressure on the national power grid.
Russian group T Plus plans to stabilise its electricity output at 57.6 TWh in 2025, despite a decline recorded in the first half of the year, according to Chief Executive Officer Pavel Snikkars.
In France, the Commission de régulation de l’énergie issues a clarification on ten statements shared over the summer, correcting several figures regarding tariffs, production and investments in the electricity sector.
A group of 85 researchers challenges the scientific validity of the climate report released by the US Department of Energy, citing partial methods and the absence of independent peer review.
Five energy infrastructure projects have been added to the list of cross-border renewable projects, making them eligible for financial support under the CEF Energy programme.
The Tanzanian government launches a national consultation to accelerate the rollout of compressed natural gas, mobilising public and private financing to secure energy supply and lower fuel costs.
The Kuwaiti government has invited three international consortia to submit bids for the first phase of the Al Khairan project, combining power generation and desalination.
Nigeria’s state-owned oil company abandons plans to sell the Port Harcourt refinery and confirms a maintenance programme despite high operating costs.
The publication of the Multiannual Energy Programme decree, awaited for two years, is compromised by internal political tensions, jeopardising strategic investments in nuclear and renewables.
The US Energy Information Administration reschedules or cancels several publications, affecting the availability of critical data for oil, gas and renewables markets.
Brazilian authorities have launched a large-scale operation targeting a money laundering system linked to the fuel sector, involving investment funds, fintechs, and more than 1,000 service stations across the country.
A national study by the Davies Group reveals widespread American support for the simultaneous development of both renewable and fossil energy sources, with strong approval for natural gas and solar energy.
The South Korean government compels ten petrochemical groups to cut up to 3.7 million tons of naphtha cracking per year, tying financial and tax support to swift and documented restructuring measures.

Log in to read this article

You'll also have access to a selection of our best content.