Maduro rival says taking control of Venezuela's foreign assets

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AFP Caracas
Last Updated : Jan 29 2019 | 2:55 AM IST

Venezuela's self-proclaimed acting president Juan Guaido said Monday he was taking control of the country's foreign assets as he piled pressure on leader Nicolas Maduro by calling for a new wave of protests against the embattled regime.

Guaido, the opposition leader who has declared himself the country's ruler amid violent anti-government protests, says "usurper" Maduro's rule is illegitimate and wants to set up a transitional government ahead of new elections.

In a statement published on social media, he said he was "beginning to take progressive and orderly control of our republic's assets abroad to prevent, during his exit... that the usurper and his band try to empty the coffers."
His remarks came as the death toll in last week's protests rose to 35, according to NGO workers, with the government security forces accused of killing another eight in "extra-judicial executions."
Pope Francis said Monday following a trip to Panama that he was afraid the escalating political crisis in Venezuela would descend into "a bloodbath."
The White House meanwhile urged Venezuela's military to accept a "peaceful, democratic and constitutional transfer of power."
Maduro, 56, has so far refused to budge, telling Turkish television station CNN Turk: "No one can give us an ultimatum."
Maduro devalued the currency by 35 per cent on Monday, aligning it with the exchange rate for the dollar on the black market, but analysts said it would only "make things worse."
Last Wednesday Guaido launched a power struggle with Maduro by declaring himself "acting president."
The EU has so far held back from joining the ultimatum, saying it would take "further actions" if elections were not called in the coming days, including the issue of recognition of the country's "leadership."

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First Published: Jan 29 2019 | 2:55 AM IST

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