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Sat Apr 18, 2020, 02:39 PM

Venezuelan Central Bank Denounces New US Robbery of Assets

April 17, 2020
US sanctions deprive Venezuela of its own funds to fight Covid-19.

This Thursday Venezuelan Central Bank (BCV) denounced the US and a group of deputies opposed to the government of Nicolás Maduro for stripping it of an unspecified amount of money that was transferred from a BCV account in Citibank to a US Federal Reserve account.

This Wednesday, the opposition majority Parliament approved the transaction of those funds. The fact, in the BCV’s opinion, is an “unlawful order issued by the US Treasury.”

The agency added that with it, a vulgar dispossession of financial resources belonging to the Venezuelan monetary authority is being made through the misappropriation of the patrimony whose sole owner is the Venezuelan State.

Thus, the Central Bank asserts that the US regime and the Venezuelan opposition seek “to fraudulently seize the assets and resources belonging to the Venezuelan people and together make up multi-factor aggression to cause suffering to the people of Venezuela.”


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