ALEX SAAB MORAN PLEADS OUT, AGREES TO COOPERATE; ANTIGUA FACES A RECKONING

Yesterday, the Colombian money launderer ALEX NAIN SAAB MORAN, pled guilty to a single count of money laundering in U.S. District Court in Miami; he has agreed to full and complete cooperation with American law enforcement. His sentencing will occur sometime in January; during this next four month period, we must assume he will be extensively debriefed, so that he can quality for a filing by the United States Attorney, requesting a sentence reduced from what should be a 20 year term, given the amount of money laundered.

Who should be concerned about being implicated by Saab on money laundering charges? At the very least, these probable targets should have already retained competent American criminal defense attorneys competent to handle international money laundering cases.

(1) Prime Minister GASTON BROWNE, who made Saab Economic Envoy, and introduced him to the local financial community, through which he laundered millions in drug profits.

(2) GLOBAL BANK OF COMMERCE senior officers, who moved the dirty money.

(3) CARIBBEAN UNION BANK senior officers, also involved with Saab's money laundering pipeline.

(4) The government regulators who approved Saab's purchase of two Antiguan offshore banks. 

Saab will most certainly be scheduled to testify against NICOLAS MADURO MOROS at his criminal trial, which may cause Maduro to also plead guilty, to save what is left of the rest of his life. Could he also testify against Browne and others in the Labour Party, for a reduced sentence? I think that us a definite possibility.

Given that Federal prosecutors generally take a long time to build a bullet proof case, don't expect to see anything this year, but it will eventually happen, and things will get ugly in Antigua, as the fact local banks laundered more drug profits from Venezuela than they did in the Miami Vice heyday of the 1980s, and Antigua will, once again, be on the high risk lists of the world's largest international banks, especially those in New York.