The United States on Wednesday said it would forbid all Americans’ dealings with the Central Bank of Venezuela and also block any US assets of the the bank, as well as its director, Iliana Josefa Ruzza Teran.
America alleged that the bank was being used as key conduits for funding Maduro’s government.
The sanctions were the latest efforts by the US to strangle President Nicolas Maduro’s cash flow.
In a hard-hitting speech in Miami largely devoted to Cuba, National Security Advisor John Bolton also unveiled measures against a third leftist government in Latin America, Nicaragua, with sanctions against President Daniel Ortega’s son.
“Treasury is designating the Central Bank of Venezuela to prevent it from being used as a tool of the illegitimate Maduro regime, which continues to plunder Venezuelan assets and exploit government institutions to enrich corrupt insiders,” Treasury Secretary Steven Mnuchin…
Source: News Agency of Nigeria
