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US hits 3 Venezuelans, 20 companies, with sanctions
10 May 2018, 12:17 | Simon Arnold
Pence Decries 'Fake' Venezuelan Elections, Political Imprisonments, Refusal of Foreign Aid
WASHINGTON-The U.S. Treasury imposed sanctions on Monday against Venezuela's former financial intelligence chief over his alleged work as a drug kingpin, and 20 Venezuelan and Panamanian firms for allegedly laundering narcotrafficking proceeds.
Pence also decried Maduro's refusal to accept global aid even as the economic crisis endangers Venezuelans.
The new sanctions continue a pattern of stepped-up USA measures on individuals connected to Maduro, who is blamed by President Donald Trump's administration for a deep recession and hyperinflation in OPEC member Venezuela that has caused food shortages and sent a flood of migrants into neighbouring countries.
The Treasury Department said in a statement that Martin used his government position to accept bribes from drug traffickers, and helped facilitate the movement of multi-ton loads of cocaine through Venezuelan airspace.
Maduro, himself subject to sanctions a year ago, regularly laughs off Washington's disapproval and blames the U.S.
Of the newly sanctioned companies, 16 are based in Venezuela and four in Panama.
The statement issued Tuesday was a response to declarations made by U.S. They are owned or controlled by the three individuals, the U.S. Treasury said in a statement.
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They also know that the process of vetting those seeking asylum could take as little as three months or as long as five years. "We'd tell them no, and tell them to give the donations to us, but they'd say it's for the caravan".
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