Citibank to close Venezuela government accounts - Maduro


  • World
  • Tuesday, 12 Jul 2016

Venezuela's President Nicolas Maduro attends a military parade to celebrate the 205th anniversary of Venezuela's independence in Caracas, Venezuela July 5, 2016. REUTERS/Carlos Garcia Rawlins

CARACAS (Reuters) - Venezuela's President Nicolas Maduro said on Monday that Citibank NA, planned to shut his government's foreign currency accounts within a month, denouncing the move by one of its main foreign financial intermediaries as part of a "blockade."

"With no warning, Citibank says that in 30 days it will close the Central Bank and the Bank of Venezuela's accounts," Maduro said in a speech, adding that the government used the U.S. bank for transactions in the United States and globally.

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