The United States has increased its reward for information leading to the arrest of Venezuelan President Nicolás Maduro to $50 million. This announcement was made by Attorney General Pam Bondi, who emphasized Maduro’s connections to drug trafficking and his role as a threat to U.S. national security.
In a video statement, Bondi highlighted that Maduro collaborates with foreign terrorist organizations, including the Sinaloa Cartel and the Cartel of the Suns, to smuggle drugs into the U.S. She noted that the Drug Enforcement Administration (DEA) has seized around 30 tons of cocaine tied to Maduro and his associates, with nearly seven tons directly linked to him. The Department of Justice (DOJ) has also seized over $700 million in assets related to Maduro, including private jets and vehicles.
This increase in the bounty follows a previous rise in January, when the Biden administration set the reward at $25 million after accusing Maduro of claiming victory in a fraudulent election. The U.S. has not recognized Maduro as the legitimate leader of Venezuela since 2019, following a deeply flawed election in 2018.
The U.S. first placed a bounty on Maduro in 2020, initially offering $15 million. The push to hold him accountable has been ongoing, with former President Donald Trump intensifying pressure on his regime through sanctions during his term. Venezuela’s economy has faced severe challenges under Maduro, leading millions to flee the country. The nation relies heavily on its oil industry, which has the largest proven reserves in the world.
Earlier this year, Trump reversed a decision to cancel Chevron’s license to operate in Venezuela, allowing the company to export oil again. This change came as part of a broader negotiation that involved the return of American hostages from Venezuela.
As the situation in Venezuela continues to evolve, the U.S. remains committed to addressing the challenges posed by Maduro’s government and its impact on both Venezuelans and American interests.
