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flag Venezuelan billionaire Lopez granted bail to stay at Oxfordshire estate while facing Swiss money laundering charges.

flag Venezuelan billionaire Leopoldo Alejandro Betancourt Lopez, wanted in Switzerland over alleged money laundering, has been granted bail allowing him to remain at his £18 million Oxfordshire estate while fighting charges. flag The Westminster Magistrates Court permitted him to split time between his estate in Wantage and a Chelsea property, using a private helicopter. flag Lopez, worth an estimated £2.6 billion and chairman of Derwick Associates, is a descendant of a former Venezuelan acting president. flag He has proposed upgrades to the 300-acre estate, including a polo field and equestrian center. flag Additional conditions include a ban on applying for international travel documents. flag The case is ongoing.

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