Venezuela's Guaido asks Citibank to freeze gold swap with Maduro - lawmaker


  • World
  • Saturday, 16 Feb 2019

Venezuelan opposition leader Juan Guaido, who many nations have recognized as the country's rightful interim ruler, attends a meeting with workers in Caracas, Venezuela February 14, 2019. REUTERS/Andres Martinez Casares

CARACAS (Reuters) - Advisers to Venezuelan opposition leader Juan Guaido are asking Citibank not to claim gold put up as collateral for a loan to the government of President Nicolas Maduro if his administration does not make payments on time, a lawmaker said on Friday.

Citi would be entitled to keep the gold if cash-strapped Venezuela does not pay the loan when it expires in March, lawmaker Angel Alvarado said, without specifying the value of the gold in question.

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