The U.S. Treasury Department announced sanctions against “Evrofinans Mosnarbank”, which is jointly owned by Russian and Venezuelan state companies. The reason was the alleged support and collaboration with the oil Corporation Petroleos de Venezuela S. A. (PdVSA).

Treasury sanctions Russia-based bank attempting to circumvent U.S. sanctions on PdVSA’s Venezuela’. The U.S. continues to take action against those that sustain the illegitimate Maduro regime & contribute to the economic collapse & humanitarian crisis in VZ.

— Treasury Department (@U. S. Treasury) March 11, 2019.

The Department stated that PdVSA is directly related to corruption, embezzlement and money laundering “former” President Maduro and his henchmen. Actions against “Evrofinans Mosnarbank”, said in a press release, due to the commitment of the U.S. to fight with foreign financial companies that support the “illegal” regime, exacerbating the economic collapse and the humanitarian crisis in Venezuela.

Not forgotten in the Ministry to mention the public bitcoin El Petro. So, early investors are supposed to buy coins, making Fiat transfers at the expense of the Venezuelan government in “Evrofinans Mosnarbank the”.

Also in the United States stressed that in 2018, the Bank’s assets has grown substantially in that time, as European and American financial companies with the regime of Maduro broke off.

Note that Venezuela purchased 49% in “Evrofinans Mosnarbank the” through the national development Fund (FONDEN), under President Hugo Chavez. At the time of Foundation of the Bank share of 50% was divided between the “Gazprombank” and VTB.

We will remind, in the spring of last year, the London magazine TIME reported on the participation of major Russian businessmen in the establishment of El Petro.

About the economic crisis and the reasons for the popularity of cryptocurrencies in Venezuela can be found in the exclusive ForkLog.

Oil, poverty, bitcoin: how destroyed the Venezuelan economy and what it привело #ElPetro #Venezuela #inflation #crisis

— ForkLog (@ForkLog) March 13, 2019.

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