Press Releases: Protecting Venezuela's Assets for Benefit of Venezuelan People

Press Releases: Protecting Venezuela's Assets for Benefit of Venezuelan People
Press Statement

Robert Palladino
Deputy Spokesperson

Washington, DC

January 29, 2019

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On January 25, Secretary of State Michael R. Pompeo certified the authority of Venezuela’s interim President Juan Guaido to receive and control certain property in accounts of the Government of Venezuela or Central Bank of Venezuela held by the Federal Reserve Bank of New York or any other U.S. insured banks, in accordance with Section 25B of the Federal Reserve Act. This certification will help Venezuela’s legitimate government safeguard those assets for the benefit of the Venezuelan people.

We call on other governments to recognize interim President Juan Guaido and take similar steps to protect Venezuela’s patrimony from further theft by Maduro’s corrupt regime.

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Published January 29, 2019 at 01:16PM
Read more at https://travel.state.gov