economy

The US has collected about $13bn of Venezuela’s oil money. Where is it?

Washington has given diverging accounts of where the earthquake-shattered country’s funds are going

The US has collected about $13bn of Venezuela’s oil money. Where is it?

TL;DR

  • The US has collected about $13 billion of Venezuela's oil money.
  • There are conflicting accounts from Washington regarding the destination of these funds.
  • The whereabouts and intended use of the money are unclear.