Friday, April 20, 2018

US officials: 16 nations agree to track Venezuela corruption


Finance ministers from several Latin American nations as well as the U.S. and Europe have agreed to work jointly to locate and seize the proceeds arising from corruption by Venezuelan government insiders, two U.S. Treasury officials said Thursday. The decision came at a Washington meeting earlier in the day attended by Treasury Secretary Steven Mnuchin at which the finance officials from 16 nations also discussed ways to provide swift economic and humanitarian assistance to Venezuela, including substantial debt relief, in the event socialist President Nicolas Maduro is replaced by a government they deem more legitimate and committed to economic reform. The two officials agreed to talk about the meeting only if not quoted by name because the discussions were to be private. Officials from France, Germany, Britain, Japan and all major Latin American nations participated in the meeting, which took place on the sidelines of the International Monetary Fund's spring meetings. More…



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