Venezuela’s opposition leader Leopoldo López said that a void in the group’s leadership, following the ousting of Juan Guaidó as its recognized president, has made it “impossible” to pay for legal representation to defend the dozens of billion-dollar lawsuits that the nation faces in the US.
The opposition, which relied on Venezuelan government accounts frozen by sanctions in the US to finance its operations, hasn’t been issued a license by the Treasury’s Office of Foreign Assets Control to access the funds, López said in a interview in Washington. Accounts holding $347 million were previously in control of Guaidó, who the US recognized as Venezuela’s lawful president.
