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    Access Bank’s Bidvest Bank Acquisition Lapses as Deadline Expires

    Access Bank’s Bidvest Bank Acquisition Lapses as Deadline Expires

    MTN Group Advances Talks to Buy remaining  75% Stake in IHS Towers for $2.76B

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    Anambra to begin payment of new minimum wage.

    Soludo Shuts Onitsha Market for a Week Over Adherence to Monday Sit-at-Home

    NNPC acquires equipment to build 40 CNG filling stations

    President Tinubu Cancels $1.42 Billion, ₦5.57 Trillion NNPCL Debt

    Terrorists attack presidential guards in Abuja after threat to abduct Buhari

    FG Confirms U.S.-Backed Airstrikes on Terrorists Targets in Sokoto State

    EFCC traces 41 properties worth N212bn to Former Attorney General, Abubakar Malami

    EFCC traces 41 properties worth N212bn to Former Attorney General, Abubakar Malami

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    NNPC acquires equipment to build 40 CNG filling stations

    President Tinubu Cancels $1.42 Billion, ₦5.57 Trillion NNPCL Debt

    Dangote Refinery will supply first product to market by July – Dangote

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    President Buhari hikes Petrol Price to N212 per litre through the PPPRA

    Federal Government suspends 15% import tax on imported petrol

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

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    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

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    • Economic Data
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    • Companies
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    ​Tantalizers Plc reports N25.9 million loss in Q2 2025

    Tantalizers Plc Secures ₦2bn Equity Investment as Entertainment Bet Gains Momentum

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    Austin Laz & Co PLC Announces Potential Core Investment from BMT Industries

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    NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

    Fortis Global Insurance Returns to NGX Trading Floor After 6-years Suspension

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US government seizes Venezuelan President Maduro’s plane

Monday, 2 September 2024, 8:33 pm
in News, World
0
US government seizes Venezuelan President Maduro’s plane
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The US government has seized a plane used by Venezuelan President Nicolas Maduro.

Also read; Nigeria faces threat to sustainable fuel supply – NNPC

US Justice Department said on Monday that the plane was seized over sanctions violations.

“The Justice Department seized an aircraft we allege was illegally purchased for $13 million through a shell company and smuggled out of the United States for use by Nicolas Maduro and his cronies,” Attorney General Merrick Garland said in a statement.

The aircraft is a Dassault Falcon 900EX. The US says it was illegally transported from the US to Venezuela via the Caribbean in April 2023.

It was seized in the Dominican Republic and flown to the State of Florida in southern USA.

While the Justice Department cited sanctions violation as the reason for the seizure, the National Security Council added that misgovernance of Venezeula.

“Maduro and his representatives’ have tampered with the results of the July 28 presidential election, falsely claimed victory, and carried out wide-spread repression to maintain power by force,” a US National Security Council spokesperson said.

The seizure of the plane “is an important step to ensure that Maduro continues to feel the consequences from his misgovernance of Venezuela,” they added.

Described by officials as Venezuela’s equivalent to Air Force One, the plane  has been pictured in previous state visits by Maduro around the world.

“This sends a message all the way up to the top,” one of the US officials told CNN. “Seizing the foreign head of state’s plane is unheard-of for criminal matters. We’re sending a clear message here that no one is above the law, no one is above the reach of US sanctions.”

A high-ranking official from the Dominican Republic told CNN that Maduro’s aircraft had been in Dominican territory undergoing maintenance at the time it was seized by US authorities. The source added that the government had no record that Maduro’s private plane was in the country until it was seized.

US officials worked closely with the Dominican Republic, which notified Venezuela of the seizure, according to one of the US officials.

Multiple federal agencies were involved in the seizure, including Homeland Security Investigations; Commerce agents, the Bureau of Industry and Security; and the Justice Department.

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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