Venezuela opposition accuses Goldman Sachs of financing dictatorship


  • World
  • Tuesday, 30 May 2017

Julio Borges, President of the National Assembly and deputy of the Venezuelan coalition of opposition parties (MUD), speaks during a meeting with Peru's President Pedro Pablo Kuczynski at the government palace in Lima, Peru, May 11, 2017. REUTERS/Guadalupe Pardo

CARACAS (Reuters) - The president of Venezuela's opposition-run Congress on Monday accused Wall Street investment bank Goldman Sachs of "aiding and abetting the country's dictatorial regime" following a report that it had bought $2.8 billion in bonds from the cash-strapped country.

The Wall Street Journal on Sunday said Goldman paid 31 cents on the dollar for bonds issued by state oil company PDVSA that mature in 2022, or around $865 million, citing five people familiar with the transaction.

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