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16 January, 2026

Trump’s Great Venezuelan Oil Grift: Follow the $500 million to his private account in Qatar

icon Venezuelan oil grift
Trump's Great Venezuelan Oil Grift: Follow the $500 million to his private account in Qatar

Trump Is Keeping Money From Venezuelan Oil Sale in Offshore Qatari Account

  • Trump Hands First Sale of Swiped Oil to his Megadonor John Addison. - Daily Beast
  • Venezuela raid enriches MAGA billionaire Paul Singer. - Judd Legum - Popular Info
  • Trump Admin Planning to Use Private Mercenaries to Shield Oil Plunder Efforts in Venezuela - Common Dreams
  • “How they keep it and who distributes it... I am innately suspicious” of using a Qatari account - Senator Jack Reed / Semafor

Follow the money

Trump's Great Venezuelan Oil Grift: Follow the $500 million to his private account in Qatar
Explore this map

Trump's never-ending grift schemes

  • Revenue from the oil sales is currently being held in bank accounts controlled by the US government, as indicated in Friday’s order, according to the administration official. The main account, according to a second senior administration official, is located in Qatar.
  • Treasury Secretary Scott Bessent said at the Economic Club of Minnesota last week that his department “will oversee the accounts” and “then, at the president’s direction [and] Secretary Rubio’s direction … be in charge of the disbursement that goes back into Venezuela.”
  • “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,” Sen. Elizabeth Warren, D-Mass., the party’s top Banking Committee member. “That is precisely a move that a corrupt politician would be attracted to.”
  • The top Democrat on the Senate Armed Services Committee, Jack Reed of Rhode Island "Lawmakers are “waiting for a briefing on the details” of the oil revenue, including on “how they keep it and who distributes it. “I am innately suspicious” of using a Qatari account. - Semafor
Qatar gives Trump a Jumbo. Grift


TakeAway: 
Hold Republican's accountable for Trump and MAGA billionaire donor's grift.

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