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Orinoco Tribune – News and opinion pieces about Venezuela and beyond

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  • US Looting of Venezuela: These 6 Banks Have Frozen $4.6 Billion Belonging to Venezuelans (Sures)
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US Looting of Venezuela: These 6 Banks Have Frozen $4.6 Billion Belonging to Venezuelans (Sures)

August 26, 2020

The looting, theft and hijacking of resources from Venezuela has been of great magnitude, six banks withhold under the excuse of US sanctions, around 4.6 billion dollars much needed by and belonging to the Venezuelans, currently facing a spike in Covid-19 cases.

#Secuestro Seis bancos retienen, por medidas coercitivas impulsadas por el #proyectoGuaidó, cerca de 4 mil 600 millones de dólares que pertenecen a Venezuela vía @SuresDDHH https://t.co/M0uD9PW6AI

— La Tabla (@latablablog) August 25, 2020

RELATED CONTENT: Oppose US Sanctions on Venezuela, Illegal and Criminal Interference (Statement)

The website La Tabla cited the data published by the Venezuelan NGO dedicated to the study, promotion, education and defense of human rights, “Organización Sures“, which explained that this Venezuelan money is in the following banks:

  • Novo Banco: $ 1,547,322,175.89
  • Bank of England: $ 1,323,228,162.57
  • Clearstream: $ 517,088,580.00
  • Citibank: $ 458,415,178,49
  • Sumitomo: $ 507,506,853,37
  • Union Bank: $ 230,024,462.00

RELATED CONTENT: Russian Foreign Affairs Minister Compares the Belarusian Opposition Strategy with that of the Venezuelan One

President Nicolás Maduro has repeatedly denounced the hijacking of Venezuelan money by these international banks (in Washington and the European Union) that, according to the president, intend to suffocate his Administration, directly harming the Venezuelan population in general, since this action hinders the purchase of food, medicine and put restrictions on oil production and export, the main engine of Venezuela’s economy.

Featured image: File image.

(La IguanaTV/La Tabla)

Translation: OT/JRE/EF

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Tags: Bank of England (BoE) Citibank looting Novo Banco US Imperialism US Sanctions

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