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Colombia, U.S., Mexico, Panama cooperating to combat the Venezuelan government’s illicit financial networks

Isolated by sanctions over human rights violations, drug trafficking, and corruption, Venezuela has developed a web of illicit financial networks that have helped keep President Maduro’s government in power. Colombia, the US, Mexico, and Panama have recently begun coordinating efforts to combat these illicit networks. The Venezuelan government has also been accused of using their distribution of food aid for private benefit and through the support of businesses and people outside of the country. Any successes of the group in combating these networks will put an even greater amount of financial pressure on Venezuela. 

Source: Colombia, U.S., Mexico, Panama seek to combat Venezuelan corruption | Reuters

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