Treasury Targets Venezuelan President Maduro’s Inner Circle and Proceeds of Corruption in the United States

Washington – Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated four members of Venezuelan President Nicolas Maduro’s inner circle, including First Lady and former Attorney General and President of the National Assembly Cilia Adela Flores de Maduro. OFAC also targeted a network supporting a key front man for designated President of Venezuela’s National Constituent Assembly (ANC) Diosdado Cabello Rondon, and identified as blocked property a $20 million U.S.-based private jet as belonging to Cabello’s front man.

“President Maduro relies on his inner circle to maintain his grip on power, as his regime systematically plunders what remains of Venezuela’s wealth. We are continuing to designate loyalists who enable Maduro to solidify his hold on the military and the government while the Venezuelan people suffer,” said Secretary of the Treasury Steven T. Mnuchin. “Treasury will continue to impose a financial toll on those responsible for Venezuela’s tragic decline, and the networks and front-men they use to mask their illicit wealth.”

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https://home.treasury.gov/news/press-releases/sm495