Venezuela has its overseas wealth garnished by European escrow firm

Venezuela’s Maduro Blasts “Kidnapping” of Venezuelan Funds
Nov 24th 2017
The Venezuelan President accused Belgian financial services company Euroclear of withholding USD$450 million.

Bogota, November 24, 2017 (venezuelanalysis.com) – Venezuelan President Nicolas Maduro demanded an “end to the kidnapping of Venezuelan money abroad” Thursday, accusing Belgian financial services company Euroclear of withholding USD$450 million from his government.

“We have the homeland’s money circulating, some 450 million dollars in cash buying medicines and food and Euroclear have frozen [the funds] on us for the past six weeks to punish Venezuela so that we give in,” he said on state television.

According to Euroclear’s website, it provides “settlement and related securities services for cross-border transactions involving domestic and international bonds, equities, derivatives and investment funds”. The financial company has not responded to Maduro’s comments.

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https://venezuelanalysis.com/news/13519

Maduro insists that his Chavista regime has paid everyone in full... there is no debt problem. Everything is US propaganda. Everyone has been paid... there is no default...