Bulgarian Authorities Block Assets Of Venezuela's PDVSA Oil Company - Reports
Umer Jamshaid 1 month ago Wed 13th February 2019 | 09:26 PM
The Bulgarian authorities froze assets of Venezuelan state oil and gas giant PDVSA in national banks, local media reported on Wednesday, citing Bulgaria's Prosecutor General Sotir Tsatsarov
The Bulgarian prosecutor general held a joint press conference with US Ambassador to Sofia Eric Rubin earlier in the day.
Sofia will decide on whether to initiate criminal proceedings over instances where money transferred from PDVSA accounts was laundered after each case is verified. Tsatsarov noted that all measures were being taken to ensure full control over the remaining funds and prevent further transfers.
On January 23, the political crisis in Venezuela took a new turn when the speaker of the opposition-led Venezuelan National Assembly, Juan Guaido, declared himself interim president amid ongoing anti-government protests. Guaido's declaration was almost immediately recognized by the United States and some of its allies. EU member states were expected to issue a joint statement recognizing Guaido, but Italy vetoed the motion, according to a Sputnik source.