Congressional Bill Would Create Fund For Billions In Seized Venezuelan Assets

Venezuela’s authoritarian regime is accused of embezzling hundreds of billions of dollars — much of it laundered in South Florida. Thanks to a group headed by Venezuelan expats, a bill is now in Congress that would create a fund to safeguard the portion of those assets seized by the U.S. government for Venezuela’s future reconstruction. Republican Florida Sen. Marco Rubio co-introduced the Preserving Accountability for National Assets Act, or PANA, last week along with Texas Sen. Ted Cruz. Full TExt -> WLRN 91.3 FM

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