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Lawmaker: Citibank Urged to Freeze Gold Swap With Maduro


FILE - Venezuela's President Nicolas Maduro pumps his fist during a pro-government demonstration in Caracas, Venezuela, Feb. 12, 2019.
FILE - Venezuela's President Nicolas Maduro pumps his fist during a pro-government demonstration in Caracas, Venezuela, Feb. 12, 2019.

The team of Venezuela's opposition leader Juan Guaido is asking Citibank not to claim gold that was put up as collateral for a loan to the government
of President Nicolas Maduro in a swap expiring in March, lawmaker Angel Alvarado said Friday.

Investment bank and financial services company Citigroup, which owns Citibank, did not immediately respond to a request for comment.

The United States and close to 50 countries around the world have recognized Guaido as the country's legitimate leader.

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    Reuters

    Reuters is a news agency founded in 1851 and owned by the Thomson Reuters Corporation based in Toronto, Canada. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 broadcasters around the globe.

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