Guaido says he's trying to freeze Venezuelan accounts in Switzerland

(Reuters) - Venezuelan opposition leader Juan Guaido said he spoke to Switzerland's president on Wednesday to try to freeze banks accounts belonging to the tumultuous South American nation after 'irregular movements' were discovered. Guaido invoked a constitutional provision to claim the presidency three weeks ago, arguing that Nicolas Maduro's reelection last year was a sham. Since then, Guaido has been trying to control Venezuelan assets overseas.

Reuters February 21, 2019 02:06:29 IST
Guaido says he's trying to freeze Venezuelan accounts in Switzerland

Guaido says hes trying to freeze Venezuelan accounts in Switzerland

(Reuters) - Venezuelan opposition leader Juan Guaido said he spoke to Switzerland's president on Wednesday to try to freeze banks accounts belonging to the tumultuous South American nation after "irregular movements" were discovered.

Guaido invoked a constitutional provision to claim the presidency three weeks ago, arguing that Nicolas Maduro's reelection last year was a sham. Since then, Guaido has been trying to control Venezuelan assets overseas.

In an interview with Mexican network Televisa, Guaido said he had spoken with the Swiss president earlier on Wednesday. He did not mention President Ueli Maurer by name and a Swiss foreign ministry spokesman denied the two men had spoken.

Guaido said the Venezuelan government held bank accounts in Switzerland and that irregular efforts to migrate part of those accounts to "another site" had been detected.

"We are doing everything possible to protect these assets that belong to the republic," he said.

He did not say who had detected the movements in the accounts, whether any money had been transferred, or give further details.

Most Western countries, including the United States, have recognised Guaido as Venezuela's legitimate head of state, but Maduro retains the backing of Russia and China as well as control of state institutions including the military.

Switzerland has urged protection for Guaido and calls the situation in Venezuela under Maduro "extremely problematic," but says it formally recognises states, not governments.

The Swiss Finance Ministry, which Maurer also heads, declined to comment on the Venezuelan accounts, referring further requests for information to the foreign ministry's asset recovery department.

Switzerland's Federal Office of Justice said no one in Venezuela so far had sought Swiss legal assistance in tracking down assets.

(Reporting by Adriana Barrera in Mexico City and Michael Shields in Zurich; Writing by Frank Jack Daniel; Editing by Bill Trott and Richard Chang)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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