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Venezuela bondholders inch toward showdown

Wednesday, June 21, 2017

Venezuela chief prosecutor Luisa Ortega could face trial

Venezuela's Supreme Court has paved the way for a possible trial of the country's chief prosecutor, Luisa Ortega. A governing party lawmaker requested that the Supreme Court allow proceedings against her for allegedly committing "grave errors" in her role.Ms Ortega was once a staunch ally of President Nicolás Maduro. But in recent months she has become a harsh and public critic of the socialist government. National Assembly member for the governing PSUV party Pedro Carreño asked the Supreme Court to rule on whether there was sufficient evidence for proceedings against Ms Ortega to go ahead. The court, which critics say is stacked with government loyalists, ruled in his favour. Mr Carreño has accused Ms Ortega of "threatening public ethics and administrative morals" and of "violating and threatening the fundamental principles of the constitution".More…

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