Opposition lawmakers in Venezuela seeking the removal of Juan Guaido as the country's interim president said on Thursday that foreign assets will not pass to the government of President Nicolas Maduro if Guaido is removed from his post.
Three of four major opposition groups - Justice First, Democratic Action and A New Era - are backing a bill to oust Guaido and create a five-member commission to manage foreign assets, especially U.S.-based refiner Citgo, a subsidiary of state-owned oil company PDVSA.
Protections for Citgo and for over $1 billion in gold stored at the Bank of England are "based on a non-recognition of Maduro which will also be maintained," Justice First lawmaker Alfonso Marquina told legislators and journalists during a virtual meeting. But Maduro has remained in control of nearly all Venezuela's institutions, including its security forces, and Guaido's interim government, which has control over some foreign assets and runs many embassies, has seen international support wane.
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