{"id":113472,"date":"2025-12-11T17:40:22","date_gmt":"2025-12-11T22:40:22","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/trump-administration-sanctions-maduros-narco-nephews-after-biden-granted-them-clemency-113472"},"modified":"2025-12-11T17:40:22","modified_gmt":"2025-12-11T22:40:22","slug":"trump-administration-sanctions-maduros-narco-nephews-after-biden-granted-them-clemency","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/trump-administration-sanctions-maduros-narco-nephews-after-biden-granted-them-clemency-113472","title":{"rendered":"Trump administration sanctions Maduro’s ‘narco-nephews’ after Biden granted them clemency"},"content":{"rendered":"
\n

The U.S. Department of the Treasury\u2019s Office of Foreign Assets Control (OFAC) announced on Thursday it is sanctioning<\/a> three of Venezuelan President Nicol\u00e1s Maduro\u2019s wife’s nephews, a Maduro-affiliated businessman, and six shipping companies operating in Venezuela\u2019s oil sector.<\/p>\n

OFAC also identified six associated vessels that it claims have engaged in deceptive and unsafe shipping practices, and continue to provide financial resources that fuel Maduro\u2019s alleged narco-terrorist regime.<\/p>\n

“Nicolas Maduro and his criminal associates in Venezuela are flooding the United States with drugs that are poisoning the American people,” Treasury Secretary Scott Bessent wrote in a statement. “These sanctions undo the Biden Administration\u2019s failed attempt to make a deal with Maduro, enabling his dictatorial and brutal control at the expense of the Venezuelan and American people.\u00a0Under President [Donald] Trump\u2019s leadership, Treasury is holding the regime and its circle of cronies and companies accountable for its continued crimes.”\u00a0<\/p>\n

OFAC officials said two of Maduro’s wife’s nephews, Efrain Antonio Campo Flores\u00a0(Campo) and Franqui Francisco Flores de Freitas\u00a0(Flores de Freitas), known as the “narco-nephews,” were arrested in Port-au-Prince, Haiti, in 2015, as they were finalizing a deal to transport hundreds of kilograms of cocaine to the U.S.<\/p>\n

VENEZUELA ACCUSES US OF ‘PIRACY’ AFTER SEIZING MASSIVE OIL TANKER\u00a0<\/strong><\/a><\/p>\n

A year later, they were convicted on narco-trafficking charges, but were granted clemency in October 2022 by former President Joe Biden<\/a>.<\/p>\n

Campo and Flores de Freitas returned to Venezuela and, as of 2025, officials claim they have continued drug-trafficking activities<\/a>.\u00a0<\/p>\n

A third nephew designated by OFAC<\/a> Thursday, Carlos Erik Malpica Flores (Malpica), was the former purported national treasurer of Venezuela and purported vice president of Venezuela\u2019s state-owned oil company, Petroleos de Venezuela, SA (PDVSA).<\/p>\n

MARCO RUBIO SAYS TRUMP WILL NOT BE ‘SUCKERED’ BY MADURO LIKE BIDEN<\/strong><\/a><\/p>\n

He was designated in July 2017, but removed from OFAC\u2019s List of Specially Designated Nationals and Blocked Persons (SDN List) in 2022 to aid with negotiations for an ultimately failed deal pursued by the Biden administration to return democratic elections to Venezuela.\u00a0<\/p>\n

Thanks to @POTUS’ leadership, the U.S. is holding accountable Maduro’s narco-nephews and @USTreasury is sanctioning them for their illicit activities\u00a0that hurt Americans and destabilize our entire region,” Secretary of State Marco Rubio<\/a> wrote in a statement on X<\/a>.<\/p>\n

Six shipping companies moving Venezuelan oil\u00a0were also targeted, including: Myra Marine Limited; Arctic Voyager Incorporated; Poweroy Investment Limited; Ready Great Limited; Sino Marine Services Limited; and Full Happy Limited.<\/p>\n

They are accused of loading Venezuelan oil, with some allegedly transporting barrels to Asia<\/a> and others manipulating their transmissions, so their locations are not known.<\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/politics\/trump-administration-sanctions-maduros-narco-nephews-after-biden-granted-them-clemency <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The U.S. Department of the Treasury\u2019s Office of Foreign Assets Control (OFAC) announced on Thursday it is sanctioning three of Venezuelan President Nicol\u00e1s Maduro\u2019s wife’s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-113472","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"\nTrump administration sanctions Maduro's 'narco-nephews' after Biden granted them clemency - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/trump-administration-sanctions-maduros-narco-nephews-after-biden-granted-them-clemency-113472\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump administration sanctions Maduro's 'narco-nephews' after Biden granted them clemency - 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