FROM A
DIFFERENT ANGLE by Kenneth Rijock
Financial Crime Consultant, for World-Check
Venezuela to be designated as a State Sponsor of Terrorism
10 March 2008

As we reported first, on 26 February, in our exclusive article, " US to go after Billions in Laundered Venezuelan Money," sources in the White House have confirmed that its attorneys have been asked to research the procedures necessary to designate the Republic of Venezuela as a State Sponsor of Terrorism. The overwhelming evidence obtained on 1 March, when computers belonging to senior FARC leaders were seized by the Colombian Army, will be verified, according to the source. Such a designation could result in the collapse of the Chavez government, the result will be a denial of access by Venezuelan banks to the US financial structure.

 All pending financial commerce with Venezuelan financial institutions and businesses must urgently be examined to ascertain whether the imposition of such a designation will cause loss of funds, loss of client assets, termination of payments due, and otyher potential financial loss.  

The facts and opinions stated in this article are those of the author and not those of World-Check. World-Check does not warrant the accuracy of any facts and opinions stated in this article, does not endorse them, and accepts no responsibility for them.

Email Article

Banner
PRODUCT INFORMATION
NEWSWIRE
World-Check releases White Paper on the Forei...
Titled “The FCPA and why it matters” this paper provides insight for multinational organisations into the US Foreign Corrupt Practices Act (FCPA) and highlights the basis for a sound compl...more
World-Check expert seminars attract 600 deleg...
Since July 2009 World-Check, the leading provider of end-to-end risk management services, has presented expert seminars in Monaco, Frankfurt, Madrid, Lisbon, Stockholm, Helsinki, Oslo, Copenhagen, M...more
World-Check renews partnership with the UK's ...
Since November 2008, the World-Check database has been used in over 130 enquiries by the CEOP's financial investigators to ascertian background intelligence on child abuse cases. To read the full ...more
Jersey convicted narcotics trafficker profile...
Read the full press release to see why it makes sense to use the World-Check se...more
World-Check provides Country Risk intelligenc...
World-Check is providing the project team with access to the Country-Check system which is used by organizations worldwide for country profi...more

ARTICLE ARCHIVE
Banner
© 2010 World-Check, All Rights Reserved.