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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump Is Reportedly Funneling Money From Venezuelan Oil Sales To a Bank Account in Qatar
President Donald Trump is funneling proceeds from the sale of Venezuelan oil to a bank account in Qatar, Semafor reported on Wednesday.
This month, Trump ordered an invasion of Venezuela and the abduction of President Nicolas Maduro, who was whisked to the U.S. to face federal drug trafficking charges. The move was the culmination of a months-long campaign of aggression against Venezuela, boats from which were bombed by the U.S. for allegedly carrying drugs. The U.S. also seized two oil tankers from the country. After the invasion, Trump said that were going to keep the oil.
Semafor reported that the Trump administrations first sale of Venezuelan oil was valued at $500 million, and that the money is being held in multiple bank accounts, the biggest of which is in Qatar:
Revenue from the oil sales is currently being held in bank accounts controlled by the US government, as indicated in Fridays order, according to the administration official. The main account, according to a second senior administration official, is located in Qatar.
The second official described Qatar as a neutral location where money can flow freely with US approval and without risk of seizure. Trumps order noted that at least some of the revenue would be held in US Treasury accounts.
https://www.mediaite.com/politics/trump/trump-is-reportedly-funneling-money-from-venezuelan-oil-sales-to-a-bank-account-in-qatar/
unblock
(55,977 posts)naturally the first step is to ship it to qatar.
Naturally.
orangecrush
(28,733 posts)moondust
(21,231 posts)C_U_L8R
(48,957 posts)Gawd, the GOP is useless and corrupt.
fujiyamasan
(1,262 posts)I mean weve heard the stories of developing countries and their corrupt leaders funneling money to Swiss banks. Sounds like Qatar makes the Swiss sound like moral choir boys.
This may be why he was hesitating to back the opposition woman initially (forgot her name). He was probably trying to decide who in Venezuela would give him the bigger cut.
Iran, youre next! Line up to pay the vig.
Diraven
(1,840 posts)When Trump leaves office the account will mysteriously disappear into his pocket.
fujiyamasan
(1,262 posts)They know the game.
markodochartaigh
(5,086 posts)the invasion, Trump said that 'were going to keep the oil.'
So, Trump is using the royal we now?
joho260
(46 posts)markodochartaigh
(5,086 posts)is going to the US, at least some of it, and the price has gone up 30%.
https://www.cnbc.com/2026/01/16/venezuela-oil-takeover-us-shipment-trump-.html
Buddyzbuddy
(2,184 posts)DFW
(59,772 posts)Decades of doing Leonard Leos bidding have surely been rewarded with more than the occasional yacht cruise.
Buddyzbuddy
(2,184 posts)Nope, they will always want more and they have proven they are for sale.
bluestarone
(21,314 posts)Get enough. they reach a point thatnthey want MORE and MORE, and MORE!!!
Justice matters.
(9,455 posts)steal the oil, sell it (to who?), then send the bundle to Qatar? (In part, so where else?)
Baitball Blogger
(51,780 posts)meow2u3
(25,243 posts)It was ME first from the beginning.
dalton99a
(92,354 posts)Callie1979
(1,176 posts)Botany
(76,469 posts)from Trump's armed robberies of Venezuela's oil.
Attilatheblond
(8,368 posts)fixed it for you
LymphocyteLover
(9,415 posts)it's truly sickening and evil-- another outrage that will go down the memory hole because of the daily torrent of sickening, evil, outrages from this sickening, evil, outrageous administration
Botany
(76,469 posts)Trump is using the U.S. military to take Venezuela's oil and then the money will be put in a middle eastern bank in Trump's name.
LymphocyteLover
(9,415 posts)if he got control of the Federal Reserve -- we would ripped off even more massively than we are now-- it's so fucked
Kid Berwyn
(23,208 posts)Richard M. Nixon, the Crook, channeled by John Glover Roberts, the Traitor.
CapnSteve
(393 posts)...put a criminal in the White House, get a criminal government.
Vote Democratic up and down the ballot in 2026 to convict these criminals. All of them.
wolfie001
(7,185 posts)Apex predator billionaire. Thanks to the stupid voters who lost their health care and mobile homes that they can no longer afford.
Attilatheblond
(8,368 posts)which is probably a piece of shit
Kid Berwyn
(23,208 posts)LOLOLOL! As if any of the billionaires could survive on $3 per day.
sop
(17,602 posts)Javaman
(65,204 posts)DallasNE
(7,971 posts)So, what is his cut?