SOFIA, Feb 13, 2019 (BSS/AFP) – Bulgaria and the United States have
halted what they believe could be a scheme to illegally channel money out of
Venezuela, which is under sanctions from Washington amid the ongoing
political crisis in the South American country, officials said Tuesday.
Bulgarian officials and US ambassador Eric Rubin told a news briefing that
“millions of euros” in payments from Venezuela’s state oil company PVDSA had
been seized in bank accounts in Bulgaria.
The funds — ostensibly earmarked for the purchase of food and to finance
a Venezuelan sports federation — had been paid into a number of accounts
held by a lawyer with dual Bulgarian and foreign nationality, who had now
left the country.
Some of the money had already been transferred out of the accounts to
other countries, Bulgarian chief prosecutor Sotir Tsatsarov said.
The Bulgarian and US authorities suspect that the reasons given for the
money transfers “have nothing to do with reality,” he said.
“We will most probably open a probe for money laundering,” Tsatsarov
continued, adding that the authorities refused to confirm at this stage
whether the transfers were related to the current political crisis in
Venezuela.
“We have undertaken measures to place the remaining funds, which are quite
substantial, under control in order to prevent them being taken out of the
country,” Tsatsarov said.
Bulgaria’s central bank and its national security agency, DANS, were
checking whether similar transfers had been made into other accounts in the
country, said DANS chief Dimitar Georgiev.
US ambassador Rubin said it was “critical” to “stop the illegal transfer
of funds to support the illegal authorities in Venezuela.”
The US was working with its European partners “to ensure the wealth of the
people in Venezuela is not stolen,” he said.
Oil makes up 96 percent of the revenue of crisis-hit Venezuela and
Washington is using sanctions to try to starve the regime of Nicolas Maduro,
while backing opposition leader and self-proclaimed president Juan Guaido.
In a tweet on Sunday, Guaido’s aide and commissioner of finance Carlos
Paparoni warned that the state-owned PDVSA oil company had been illegally
wiring funds through Bulgarian accounts.