UPDATED: 5:25 a.m.

MIAMI >> The U.S. Department of Justice announced today that it has indicted Venezuela’s socialist leader Nicolás Maduro and several key aides on charges of narcoterrorism.

The department accused them of conspiring with Colombian rebels “to flood the United States with cocaine.”

“We estimate that somewhere between 200 and 250 metric tons of cocaine are shipped out of Venezuela by these routes. Those 250 metric tons equates to 30 million lethal doses,” it said.

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The Trump administration will announce indictments against Venezuela’s Nicolas Maduro and members of his inner circle for effectively converting Venezuela’s state into a criminal enterprise at the service of drug traffickers and terrorist groups, according to four people familiar with the situation.

The indictments from prosecutors in Miami and New York, which will encompass money-laundering and drug-trafficking charges, will be announced at a news conference by U.S. Attorney General William Barr today, according to the four, who spoke on condition of anonymity to discuss the indictments ahead of their unsealing.

The U.S. is also expected to announce $25 million in rewards for information leading to the arrest or prosecution of Maduro and Diosado Cabello, head of the ruling socialist party. That’s according to two U.S. officials familiar with the matter. The State Department is expected to announce the reward offers at the same time the Justice Department goes public with the indictments, the officials said.

The indictment of a functioning head of state is highly unusual and is bound to ratchet up tensions between Washington and Caracas as the spread of the coronavirus threatens to collapse a health system and oil-dependent economy driven deep into the ground by years of corruption and U.S. sanctions.

Analysts said the action could boost Trump’s re-election chances in the key swing state of Florida, which he won by a narrow margin in 2016 and where Venezuelans, Cubans and Nicaraguans fleeing authoritarian regimes have political muscle.

But its unclear how it brings Venezuela any closer to ending a 15-month standoff between Maduro, who has the support of Russia and China, and the U.S.-backed opposition leader Juan Guaidó. It also could fragment the U.S.-led coalition against Maduro if European and Latin American allies think the Trump administration is overreaching.

“This kind of action does nothing to help a negotiated solution—something that’s already really difficult,” said Roberta Jacobson, who served as the State Department’s top diplomat for Latin America until 2018.

Maduro, a 57-year-old former bus driver, portrays himself as an everyman icon of the Latin American left. He’s long accused the U.S. “empire” of looking for any excuse to take control of the world’s largest oil reserves, likening its plotting to the 1989 invasion of Panama and the removal of Gen. Manuel Noriega to face drug trafficking charges in Florida.

Barr and Elliott Abrams, the State Department’s special envoy on Venezuela, are driving the hawkish U.S. stance toward Maduro much as they pushed for Noriega’s ouster in the late 1980s — Barr as a senior Justice Department official and Abrams as assistant secretary of state for Latin America.

U.S. officials see other parallels as well. Noriega transformed Panama into a playground for violent, international drug cartels while the Trump administration has accused Maduro and his military henchmen of harboring drug traffickers, guerrillas from Colombia and even Hezbollah, a designated terrorist group.

They also have accused government officials together with well-connected businessmen of stealing hundreds of billions of dollars from the state coffers, much of it from state oil giant PDVSA, which has seen its production plunge to a seven-decade low.

Still, charging Maduro was no easy task. Sitting foreign leaders normally enjoy immunity from prosecution under U.S. law and international norms.

But the U.S. is among 60 countries that no longer consider Maduro a head of state even if he does hold de facto power. They instead recognize Guaidó, the head of congress, as Venezuela’s rightful leader following the socialist’s re-election in a 2018 race marred by allegations of fraud and an opposition boycott.

The evidence against Maduro was collected over several years by investigators in Miami, New York, Houston and Washington who have brought drug trafficking, foreign bribery and money-laundering charges against several senior Venezuelan officials, members of the military and government-connected businessmen.

Much of those probes have focused on PDVSA, which is the source of practically all of Venezuela’s export revenue. The U.S. last year sanctioned PDVSA, barring Americans from doing business with the oil giant.

But to the surprise of many, Hugo Chavez’s hand-picked heir has stubbornly clung to power, withstanding months of street protests last year and even a U.S.-backed military revolt all the while millions of Venezuelan migrants flee hyperinflation and widespread food shortages.

With support on the streets for Guaidó fading, the Trump administration raised the ante last fall, withdrawing support for a Norway-sponsored mediation effort and extending sanctions so that even foreign companies faced retaliation for extending Maduro a lifeline.

Separately, Barr, echoing calls from Florida Republican Sen. Marco Rubio, prioritized investigations into Maduro’s inner circle, according to two people who spoke on condition of anonymity to discuss internal Justice Department deliberations.

The pressure to deliver, the people said, went into overdrive around the time when Guaidó visited Washington in February and Trump praised him as his guest at the State of the Union address as “a very brave man, who carries with him the hopes, dreams and aspirations of all Venezuelans.”

But the spread of the coronavirus pandemic delayed the announcement, which was originally scheduled for March 16, according to the people.

The virus is likely to further distract Washington’s attention and threatens to splinter the opposition, some of whom have expressed a willingness to work with Maduro to stem the burgeoning medial crisis. It could also give new life to Maduro’s call for the U.S. to ease sanctions, an idea that several European Union allies have also warmed to.

Frank Mora, a former Pentagon official, said the U.S. is right to condemn Maduro and others for repressing his people, stealing from state coffers and turning Venezuela into a criminal state.

But he worries the indictments play more into the emotion of Latino voters in Florida than help address the country’s grinding crisis.

“We’re not going to go in and capture him,” said Mora, who now heads the Latin America studies institute at Florida International University. “This isn’t about regime change or restoring democracy to Venezuela. It’s about electoral politics.”