Venezuela opposition may move funds in small amounts to avoid creditors -sources

FILE PHOTO: Tomas Guanipa, leader of the opposition party "Primero Justicia", addresses the media after the resumption of political talks between the Venezuelan government and the opposition in Caracas, Venezuela November 30, 2022. REUTERS/Gaby Oraa

CARACAS (Reuters) - Venezuela's opposition is discussing how it might move frozen funds in foreign bank accounts into a proposed United Nations-administered humanitarian fund, including moving small amounts to protect the money from creditors, four sources said.

Venezuela's government and opposition in November asked the United Nations to manage more than $3 billion now held in foreign banks, gradually releasing the money to fund humanitarian efforts.