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Russia Sends Hundreds Of Millions Of Dollars To Venezuela

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Russia Sends Hundreds Of Millions Of Dollars To Venezuela

2019-11-06 06:18:001 Oct 2018 01:53 AM EST

Hundreds of millions of dollars have been shipped from Russia to Venezuela. According to Business Insider, $315 million was sent from Russia between May 2018 to and April 2019. The money can be used in a variety of methods. For example, to repatriate cash held overseas or dividends from a stake in a Moscow-based bank. Venezuela has been subject to a variety of sanctions from the US. The Trump administration recognizes opposition leader Guaidó as president of the country, not Maduro.

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