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The Party of Appeasement: Biden Removes Nicolás Maduro’s Family Member from Sanctioned List

Administración Biden elimina de lista de sancionados a familiar de Nicolás Maduro

Available: Español

[Leer en español]

Last weekend, the Treasury Department removed Carlos Malpica Flores, nephew of Nicolás Maduro’s wife, Cilia Flores, from its sanctioned list.

Without offering explanations, the Government removed from the list Malpica Flores, who in the past served as Treasurer of the Nation (2013-2016) and as vice-president and internal director of Finance of Petroleos de Venezuela (PDVSA), between 2014 and 2016.

Nicolás Maduro’s relative was sanctioned by the United States in July 2017 for his former relationship with PDVSA, an entity that, as explained by the Treasury at the time, was strongly associated with the Venezuelan regime’s corruption.

As a consequence of the sanctions, any assets that Malpica Flores might have under U.S. jurisdiction were frozen, and he was prohibited from engaging in financial transactions with the United States.

This removal follows talks held in March in Caracas between officials of the Biden administration and the Venezuelan dictatorship.

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