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U.S. Treasury Sanctions Maduro Following Controversial Assembly Election

August 02 2017

Venezuela

The Office of Foreign Assets Control (OFAC) in the U.S. Dept. of the Treasury has implemented sanctions against the president of Venezuela, reports Treasury.

The measures on Nicolas Maduro were initiated on Monday, a day after his government held elections for a National Constituent Assembly (ANC).

That assembly "aspires illegitimately to usurp the constitutional role of the democratically elected National Assembly, rewrite the constitution, and impose an authoritarian regime...

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