Washington: President Donald Trump on Monday ordered a freeze on all Venezuelan government assets in the United States and barred transactions with its authorities, in Washington's latest move against President Nicolas Maduro.

Trump took the step "in light of the continued usurpation of power by Nicolas Maduro and persons affiliated with him, as well as human rights abuses," according to the order.

The Wall Street Journal said the move was the first such against a Western Hemisphere government in over 30 years, and imposes restrictions on Caracas similar to those faced by North Korea, Iran, Syria and Cuba.

Asked last week if he was considering a "blockade or quarantine" of Venezuela, Trump responded: "Yes, I am." The order affects "all property and interests in property of the Government of Venezuela that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of any United States person." These assets "are blocked and may not be transferred, paid, exported, withdrawn, or otherwise dealt in," the order said.

The measure also bars transactions with Venezuelan authorities whose assets are blocked.

It prohibits "the making of any contribution or provision of funds, goods, or services by, to, or for the benefit of any person whose property and interests in property are blocked pursuant to this order," as well as "the receipt of any contribution or provision of funds, goods, or services from any such person." 

Venezuelan opposition leader Juan Guaido declared himself interim president earlier this year in a bid to oust Maduro that was backed by the United States and dozens of other countries.

But Guaido's efforts have stalled despite the international support and widespread discontent with Maduro, who has been able to cling to power with the backing of the country's security forces.

Guaido has tried to keep hope alive, encouraging Venezuelans weary after years of crisis not to give up.

Despite the loss of momentum, Guaido -- the speaker of the opposition-controlled National Assembly -- remains the greatest threat to Maduro, even though the body has been effectively rendered powerless by Caracas.

The oil-rich, cash-poor country has been in a deep recession for five years. Shortages of food and medicine are frequent, and public services are progressively failing.

Around a quarter of Venezuela's 30 million-strong population is in need of aid, according to the United Nations, while 3.3 million people have left the country since the start of 2016.

The International Monetary Fund says inflation will hit a staggering one million percent this year while the economy -- already in recession for five years -- will shrink by 35 percent. 

Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.



New Delhi (PTI): The Supreme Court on Tuesday delivered a split verdict on the constitutional validity of a 2018 provision of the anti-graft law which mandates prior sanction for initiating a probe against a government servant in a corruption case.

While Justice BV Nagarathna said Section 17A of the Prevention of Corruption Act is unconstitutional and needs to be struck down, Justice KV Viswanathan held the provision as constitutional while stressing on the need to protect honest officers.

Section 17A of the Prevention of Corruption Act, 1988, introduced in July 2018, bars any “enquiry or inquiry or investigation” against a public servant for recommendations made in discharge of official duties without prior approval from the competent authority.

The top court's judgement came on a PIL filed by NGO 'Centre for Public Interest Litigation' (CPIL) against the validity of amended section 17A of the Prevention of Corruption Act.

Requirement of prior sanction is contrary to the Prevention of Corruption Act, forecloses inquiry and protects corrupt, Justice Nagarathna said.

ALSO READ:  Snag hits Akasa Air Pune-Bengaluru flight ahead of departure; airline deplanes passengers

"Section 17A is unconstitutional and it ought to be struck down. No prior approval is required to be taken... The requirement of prior sanction is contrary to the object of the Act, and it forecloses inquiry and protects the corrupt rather than seeking to protect the honest and those with integrity who really do not require any protection," Justice Nagarathna said.

Justice Viswanathan said striking down section 17A will be akin to throwing the baby out with the bath water and the “cure will be worse than the disease”.

"Section 17A is constitutionally valid subject to the condition that the sanction must be decided by the Lok Pal or the Lokayukta of the State...

"The safeguard of this provision will strengthen the hands of honest officers but also ensure that the corrupt are brought to book. It will guarantee that the administrative machinery attracts the best talent for the service of the nation,"Justice Viswanathan said.

The case will now be placed before Chief Justice of India Surya Kant for forming a larger bench to hear the matter for a final decision.

"Having regard to the divergent opinions expressed by us, we direct the Registry to place this matter before the Chief Justice of India for constituting an appropriate bench to consider the issues which arise in this matter afresh," the bench said.

Advocate Prashant Bhushan, appearing for the NGO, had argued that the provisions crippled the anti-corruption law as sanctions were not usually forthcoming from the government, which was the ‘competent authority’.

Solicitor General Tushar Mehta had appeared for the Union government.