This involves three luxury apartments and two offices, which may have been acquired through illicit means or with funds derived from corrupt practices.
Moreover, property documents show an unexpected shift of attorney Norka Sierralta, Villarroel’s wife, as a shareholder of the companies that legally own the real estate.
Written by: La Tabla / Data Journalism Platform — 04 NOV 2025
A group of citizens affected by judicial actions taken by attorney Mario Villarroel Lander has petitioned a specialized corruption investigation body to open an inquiry into a series of companies and properties located in Caracas that belong to the former president of the Venezuelan Red Cross and his wife, lawyer Norka Sierralta.
In recent years, the founding documents of these companies—holders of high-value properties—have been altered. These changes have benefitted Dr. Mario Villarroel, who is now listed as the sole shareholder. Villarroel held the presidency of the Venezuelan Red Cross for almost three decades.
The investigation, ongoing for several months, aims to ascertain the origin of the funds used to acquire the properties and, specifically, whether they come from corrupt acts that could have compromised public or Red Cross assets.
In total, there are five companies, each owning a property. This portfolio includes three luxury apartments in high-profile neighborhoods and two offices in high-demand areas, according to documents reviewed by LaTabla.
Two of the apartments are located in a prime residential complex, recently built in the Los Chorros neighborhood, north of Caracas, near Cerro Ávila. Their market value is estimated at over 1 million 200 thousand dollars.
The third apartment is located in the Lomas de La Alameda neighborhood, in the Baruta municipality, southeast of the city, and its price is around 600 thousand dollars.
Regarding the offices, one is located in a modern tower built in the 90s, in the heart of Caracas’ Gold Mile, with an approximate value of 400 thousand dollars.
The other office is in the Centro Empresarial building, constructed in 1972, in the historical center of the capital, with a price that barely reaches 100 thousand dollars.
Together, these properties represent a significant real estate asset, which, based on current market conditions in Caracas, could be valued at around 4 million dollars.
As for the transparency of the involved capital and acquisition methods, it’s not possible to draw a definitive conclusion from the available data.
Nevertheless, what is evident is the unexpected removal of Norka Sierralta as a shareholder of the companies, implying her formal exit as the property holder of the real estate.