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| US sanctions Venezuelan Economic and Social Development Bank in response to Guaido's aide arrest | US sanctions Venezuelan Economic and Social Development Bank in response to Guaido's aide arrest |
| (32 minutes later) | |
| The US Treasury has sanctioned Venezuelan Economic and Social Development Bank and four other institutions affiliated with it calling for the release of Roberto Morrero in its statement. | The US Treasury has sanctioned Venezuelan Economic and Social Development Bank and four other institutions affiliated with it calling for the release of Roberto Morrero in its statement. |
| While the move came as an official US retaliation for Caracas targeting the associates of the wannabe president, the Treasury Secretary Steven T. Mnuchin painted the Bank – known under its Spanish acronym BANDES – as the most vile organization definitely worth sanctioning. | While the move came as an official US retaliation for Caracas targeting the associates of the wannabe president, the Treasury Secretary Steven T. Mnuchin painted the Bank – known under its Spanish acronym BANDES – as the most vile organization definitely worth sanctioning. |
| “The willingness of Maduro’s inner-circle to exploit Venezuela’s institutions knows no bounds. Regime insiders have transformed BANDES and its subsidiaries into vehicles to move funds abroad in an attempt to prop up Maduro,” Mnuchin said in a statement. | “The willingness of Maduro’s inner-circle to exploit Venezuela’s institutions knows no bounds. Regime insiders have transformed BANDES and its subsidiaries into vehicles to move funds abroad in an attempt to prop up Maduro,” Mnuchin said in a statement. |
| Aside from that, the official accused Venezuelan authorities of “ kidnapping, torture, and murder of Venezuelan citizens” and urged Caracas to release all the “political prisoners,” including the self-styled aide to the self-proclaimed president Guaido. | Aside from that, the official accused Venezuelan authorities of “ kidnapping, torture, and murder of Venezuelan citizens” and urged Caracas to release all the “political prisoners,” including the self-styled aide to the self-proclaimed president Guaido. |
| Venezuelan authorities arrested the chief of staff for self-proclaimed ‘interim president’ Juan Guaido on Thursday during a raid on a"terrorist cell," that planned attacks on the country's officials. The government also released images of two rifles allegedly seized by the Venezuelan Bolivarian National Intelligence Service (SEBIN) during the raid on Marrero’s house. Guaido had earlier accused the security forces of ‘planting’ weapons. | Venezuelan authorities arrested the chief of staff for self-proclaimed ‘interim president’ Juan Guaido on Thursday during a raid on a"terrorist cell," that planned attacks on the country's officials. The government also released images of two rifles allegedly seized by the Venezuelan Bolivarian National Intelligence Service (SEBIN) during the raid on Marrero’s house. Guaido had earlier accused the security forces of ‘planting’ weapons. |
| The opposition’s stance on the arrest was supported by the main sponsor of Guaido – the US, with the National Security Adviser John Bolton calling it a “big mistake” and vowing retaliation earlier on Friday. | The opposition’s stance on the arrest was supported by the main sponsor of Guaido – the US, with the National Security Adviser John Bolton calling it a “big mistake” and vowing retaliation earlier on Friday. |
| BANDES is a Venezuelan federal public company, associated with the Ministry of Finance, which was formed back in 2001. The bank focuses on financing projects, contributing towards development of the country – infrastructure, mass transportation, housing, industry and so on. One of the most notable projects, involving BANDES was launch of a Chery Venezuela car factory in cooperation with China back in 2011. | |
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