NEWYou can now listen to Fox News articles!
The Treasury Department announced new sanctions Friday that target seven family members and associates tied to Nicolás Maduro’s regime, which the Trump administration continues to put in its crosshairs.
The action, carried out by the Office of Foreign Assets Control (OFAC), seeks to address corruption and deceptive practices involving the Venezuelan state.
“Today, Treasury sanctioned individuals who are propping up Nicolás Maduro’s rogue narco-state. We will not allow Venezuela to continue flooding our nation with deadly drugs,” Secretary of the Treasury Scott Bessent said.
“Maduro and his criminal accomplices threaten our hemisphere’s peace and stability. The Trump Administration will continue targeting the networks that prop up his illegitimate dictatorship.”
CAN MADURO SURVIVE AS TRUMP’S OIL PRESSURE CAMPAIGN HITS HIS REGIME’S WEAK SPOT?
This builds on sanctions issued earlier this month, with the Treasury now targeting family networks, not just individuals. The Treasury release names the familial networks of Carlos Erik Malpica Flores (Malpica Flores) and Ramon Carretero Napolitano (Ramon Carretero).
The named and sanctioned individuals in the Treasury release include Eloisa Flores de Malpica, Malpica Flores’ mother and the sister of Cilia Flores; Carlos Evelio Malpica Torrealba, his father; Iriamni Malpica Flores, his sister; Damaris del Carmen Hurtado Perez, his wife; and Erica Patricia Malpica Hurtado, his adult daughter.
CLICK HERE TO DOWNLOAD THE FOX NEWS APP
According to the Treasury Department, sanctions are not meant to punish indefinitely, and OFAC provides a formal process for petitioning removal.
Read the full article here
