Trump Is Keeping Money From Venezuelan Oil Sale in Offshore Account

https://newrepublic.com/post/205327/trump-money-venezuelan-oil-sale-account

50 Comments

  1. Tough_Arugula2828 on

    >President Trump is keeping proceeds from the first sale of Venezuelan oil in an offshore bank account based in Qatar, according to [reporting](https://www.semafor.com/article/01/14/2026/us-gets-first-500-million-venezuelan-oil-deal-holding-some-proceeds-in-qatar) from Semafor. The sale was worth $500 million.

    >This unprecedented move is yet another middle finger to Venezuelan sovereignty and once again raises questions about the president’s cozy relationship with the Qatari government.

    >“There is no basis in law for a president to set up an offshore account that he controls so that he can sell assets seized by the American military,” Democratic Senator Elizabeth Warren told Semafor. “That is precisely a move that a corrupt politician would be attracted to.”

    >That seems to be exactly what Trump is doing. Trump has vowed to “indefinitely” control Venezuela’s oil, claiming the proceeds will be given back to the U.S. and Venezuela.

    >Still, it remains unclear just how that money held in Qatar will benefit the Venezuelan people the administration claims to care about.

    Ugh I hate all of this..

    Edit: This CNN article adds a bit more context, its still suspicious and overall does lack transparency tho..

    [https://www.cnn.com/2026/01/15/business/qatar-venezuela-oil-sale-account](https://www.cnn.com/2026/01/15/business/qatar-venezuela-oil-sale-account)

  2. This cannot be real. Not even for someone as corrupt as Trump. No one is stupid enough to remove a dictator using their own countries military so they can simply profiteer the same way the previous dictator was… right???

  3. Well I for one am shocked the world’s most prolific grifter is in fact enriching himself at the cost of innocent lives. 

  4. Buddhas_Warrior on

    So, he used tax payer $ to illegally seized the oil, sold it and is now keeping that $$? How is that even legal????

  5. His family applied for a banking charter earlier this month so they can formally own their own bank. Once that gets approved it’ll be repatriated under their personal control

  6. Buckaroobanzai028 on

    A single day can’t go by without some fucking bullshit from that man. I’m so God damn tired of it.

  7. NorthenFreeman on

    It’s totally legit, if you disagree with this, depending on your situation, we will deport you, extradite you or invade your country. Kneel in front of the Golden King or else… This is MAGA. Pedosident Trump appreciate your attention to this matter.

  8. thisisjustascreename on

    Disregarding the fact that this is brazenly illegal, how was this even *possible?*

  9. GenerallySalty on

    Well we didn’t think he was doing anything for the good of America at this point, did we?

    No, it’s for himself. Like everything he ever does, since before he was elected. The first time😮‍💨

  10. I dunno how many corrupt, anti-Constitutional, and criminal acts this administration has to engage in before they’re declared categorically illegitimate and criminal. You can’t have a stable, peaceable, egalitarian country when the leadership repeatedly violates the law and basic norms like this. When you support DJT, you support a criminal. 

  11. Hahahaha.

    I love how they’re not even trying to hide this.

    What a complete and utter kleptocracy.

    Good luck America, i hope you find a way to make these assholes accountable.

  12. purplewhiteblack on

    He’s just going to transition from President of the USA to the President of Venezuela when his 4 years are up.

  13. Straight up theft, both from the Americans and the Venezuelans!! The guy used American taxpayer money to invade and illegally take control of the natural resources of a sovereign country, now he’s selling these resources to his pals and keeping the money in HIS control.

    When you think this whole situation can’t get any more absurd, he manages to surprise us all!

  14. House and Senate Republicans are co-conspirators in a coup to establish a monarchy in the United States. Every last one of them is complicit in treason. They need to be brought to justice.

  15. The screeching from the republicans if Obama had done this in Iraq or Afghanistan would break all the glass in America.

  16. AdvertisingNatural36 on

    Dude needs to be brought up on corruption charges and war crimes charges and like a thousand other topics. Somebody DO SOMETHING!!!!!

  17. I know there’s a constant wave of invasions, rhetoric, murder, corruption, Epstein etc but if you take a step back and look at this one headline, this story is bigger than Watergate.

    It’s the single most obviously corrupt act that is a straight line from cause to effect, directly attributed to the president

    If the biased right wing media and constant bombardment hadn’t chipped away at standards, expectations and reality this would be a general strike, an impeachment and mass rioting in every major city in under a day

    There’s a very real chance it will be a footnote and nothing more

  18. Republicans will really eat anything won’t they? A bunch of maga brainwashed that’s what they are !

  19. Could an American please explain to me how the people are not prepping for a revolution?

    Why are the people even paying tax anymore? From the outside it seems like a regular American is living paycheck to paycheck, is working well over 40 hours a week, trying to keep up with the bills.

    Its insane for me to think that the possibility is arising that Europe might be getting into war with America. Like, how is this even possible?

  20. >“There is no basis in law for a president to set up an offshore account that he controls so that he can sell assets seized by the American military,”

    Sure there is, you just need to expand your lens to take in some other countries, and go back to the 1930s.

  21. Affectionate-Act6127 on

    Begs the question(s)

    At $59 a barrel that’s 8.475 million barrels.  

    Who bought the oil?

    How many barrels?

    Price per barrel?

    Because the math aint mathing.  

  22. Wonderful_Emu_6483 on

    Oh look, another impeachable crime that limp dick congress will do jack shit about.

  23. Jimmy Carter put his peanut farm in blind trust to avoid any possible conflict of interest.

    Then there is this…

  24. King_of_the_Kobolds on

    Remember how Jimmy Carter gave up his peanut farm to be President?

    Yet another example of Donald Trump not having one *billionth* of the class and the integrity of his Democrat forebears.

  25. b3iAAoLZOH9Y265cujFh on

    So now he’s using the American military to steal other people’s shit for his personal use. If I were part of said military, I’d be *very* unhappy about that.

  26. MasterSpliffBlaster on

    Remember when Carter sold a peanut farm to avoid a conflict of interest while president?

    Look at yourselves America, you have become a joke