Maduro Regime Is Moving Money Through Spain’s Central Bank
#DmtDaily
As a growing number of banks around the world refuse to move money on President Nicolas Maduro’s behalf, Venezuela has found an ally in the Bank of Spain, according to two people with knowledge of the matter. Venezuela’s central bank is increasingly relying on its Spanish counterpart to transfer and receive funds abroad at a time when U.S. sanctions have prompted many large banks and financial institutions to shy away from any actual or perceived dealings with the socialist regime. Venezuelan central bank officials are telling contractors that going through the Bank of Spain is an option to make and receive payments outside of the country, while...
News
via https://DMT.NEWS
, DMT.NEWS
As a growing number of banks around the world refuse to move money on President Nicolas Maduro’s behalf, Venezuela has found an ally in the Bank of Spain, according to two people with knowledge of the matter. Venezuela’s central bank is increasingly relying on its Spanish counterpart to transfer and receive funds abroad at a time when U.S. sanctions have prompted many large banks and financial institutions to shy away from any actual or perceived dealings with the socialist regime. Venezuelan central bank officials are telling contractors that going through the Bank of Spain is an option to make and receive payments outside of the country, while...
News
via https://DMT.NEWS
, DMT.NEWS
