Venezuela Ex-treasurer Who Took $1 Billion in Bribes Sentenced to 10 Years

Venezuela Ex-treasurer Who Took $1 Billion in Bribes Sentenced to 10 Years
Demonstrators hold Venezuelan flags while rallying against Venezuela's President Nicolas Maduro in Caracas, Venezuela May 1, 2017. Carlos Garcia Rawlins/Reuters
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Venezuela’s former national treasurer, who received over $1 billion in bribes as part of illicit foreign currency operations, was sentenced by a U.S. judge on Nov. 27 to 10 years in prison, court records showed.

Alejandro Andrade, who ran the treasury for four years under late socialist leader Hugo Chavez, must surrender to prison by Feb. 25, according to an order by U.S. District Judge Robin Rosenberg in West Palm Beach, Florida. The 120-month sentence was the maximum prison term he faced.