These Six Banks Have Frozen $4.6 Billion Belonging To Venezuelans

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Above photo: Charging Bull by Arturo Di Modica: “Wall Street icon” the symbol of aggressive financial optimism. Flickr/Sam Valadi.

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.

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

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.

  • Nylene13

    Just horrid isn’t it? The Capitalist Industrialist Military System is running wild-owned by Rich Sociopaths-and it seems there is nothing we the people can do.

  • John Chadwick

    For stealing a loaf of bread, you might end up in jail or shot 7 times in the back. BUT, plundering an entire nation’s wealth is considered in our ‘national interest’…
    doG bless ameryucka

  • Patrick J Blell

    The people are the ones suffering, the administration does not just like cuba and Iran. The US should get the HELL out of other Countries business.

  • nakea samuels

    Say it well, the sad truth