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Guaido Says He’ll Take Over Venezuela Accounts, Name New Citgo Board

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Mnuchin Announces Trump Sanctions on Venezuela's PDVSA

Venezuelan opposition leader Juan Guaido said he’s taking control of government bank accounts abroad and is appointing people to Petroleos de Venezuela’s operations in other countries.

Guaido in a statement on his Twitter account said Venezuelan accounts will be transferred to “legitimate authorities” to prevent the further “looting” of state funds that could help citizens. The opposition-led legislature, of which he is the head, will oversee their disbursement, he said.