The move comes a day after the Trump administration warned there would be consequences for the arrest of opposition leader Juan Guaido's top aide.
The United States imposed sanctions on Venezuela's development bank Bandes, a day after the Trump administration warned there would be consequences for the arrest of opposition leader Juan Guaido's top aide.
" Maduro and his enablers have distorted the original purpose of the bank ... as part of a desperate attempt to hold onto power," U.S. Treasury Secretary Steven Mnuchin said in a statement announcing the action. The U.S. Treasury said Maduro tried to move $1 billion out of Venezuela through Banco Bandes Uruguay in early 2019.
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