Author Topic: US sanctions Venezuela socialist boss for drug trafficking  (Read 204 times)

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Offline TomSea

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US sanctions Venezuela socialist boss for drug trafficking
ABC News

The Trump administration has slapped sanctions on Venezuelan socialist party boss Diosdado Cabello, accusing him of drug trafficking and heading a major corruption network that siphoned off funds from state-run companies to accounts in Russia and other countries.

The actions Friday by the Treasury Department freezing any U.S. assets Cabello has and preventing Americans from doing business with him comes as tensions mount between Washington and Venezuela ahead of Sunday's presidential election, which the Trump administration refuses to recognize.

The Treasury Department in a statement said that Cabello, who is considered the second most-powerful man in Venezuela after President Nicolas Maduro, used his different positions in the government over two decades to "personally profit from extortion, money laundering, and embezzlement."

Read more at: https://abcnews.go.com/International/wireStory/us-sanctions-venezuela-socialist-boss-diosdado-cabello-55270138