The illegal retention of € 1,543 million in the financial institution Novo Banco, based in the Portuguese Republic, harms the entire population of the Bolivarian Republic of Venezuela, reiterated Tuesday the People’s Power Minister for Foreign Relations, Jorge Arreaza.

The Venezuelan diplomat reaffirmed -through his Twitter account @ jaarreaza- that these assets are destined for the importation of medicines, food and other supplies for the normal development of the country.

FM Arreaza denounced that Portuguese banking obeys the orders issued by the US government, in the framework of the illegal blockade that Washington has imposed on Caracas.

“The Foreign Minister of Portugal affirms that in his country the banks do not receive orders from the Portuguese government; but it is evident that they do obey orders from the US government. They block in a criminal manner the resources of the Venezuelan people”, added the Foreign Minister, referring to recent statements by his Portuguese counterpart.

The Government of Venezuela has already asked the Portuguese authorities for their good offices in order to release the state assets that have been illegally blocked at Novo Banco.


People’s Power Ministry for Foreign Relations of Venezuela