The Venezuelan opposition lost access to the country’s government accounts, which were frozen due to US sanctions following the removal of the “interim government” led by Juan Guaidó. It has been reported Bloomberg.
According to the agency, opponents of Venezuelan President Nicolas Maduro cannot receive at least $347 million in legal costs. It is stated that the accounts are under the control of Guaido. By February, he owed $9.4 million to seven law firms representing the opposition’s interests abroad.
Since 2018, a political crisis has been ongoing in Venezuela linked to the election of Nicolás Maduro as president – after which the Parliament declared President Juan Guaidó as acting head of state. Guaido is recognized in the USA, EU and some Latin American countries.
The U.S. Treasury then removed Juan Guaido’s mention from operating authorization with Venezuelan opposition, after its representatives decided to liquidate Guaido’s “interim government” and alternative cabinet.
In January, Venezuelan authorities refused from negotiations with the opposition to the settlement of assets.