Bloomberg Law
March 31, 2023, 10:18 PM

Maduro Foes Can’t Get Money for Lawyers After Guaido Ouster (1)

Andreina Itriago Acosta
Andreina Itriago Acosta
Bloomberg News
Iain Marlow
Iain Marlow
Bloomberg News

Venezuela’s opposition leader Leopoldo López said that a void in the group’s leadership, following the ousting of Juan Guaidó as its recognized president, has made it “impossible” to pay for legal representation to defend the dozens of billion-dollar lawsuits that the nation faces in the US.

The opposition, which relied on Venezuelan government accounts frozen by sanctions in the US to finance its operations, hasn’t been issued a license by the Treasury’s Office of Foreign Assets Control to access the funds, López said in a interview in Washington. Accounts holding $347 million were previously in control of Guaidó, who the ...

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