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Venezuela bondholders inch toward showdown

Friday, June 30, 2017

Venezuela's high court bans chief prosecutor from leaving country

Venezuela’s high court has frozen the assets of Chief Prosecutor Luisa Ortega Díaz and banned her from leaving the country. The Plenary Chamber of the Supreme Tribunal of Justice, or TSJ, issued the order on Wednesday, saying a hearing will be held July 4. The TSJ said it issued the order for the “alleged commission of serious misconduct in the exercise of her office.” “The precautionary measures agreed by the Plenary Chamber in order to guarantee the respective procedural channels consist of the following: prohibition of leaving the country of the citizen Luisa Ortega Díaz; prohibition of disposing or filing of all her assets, and a freeze all her bank accounts,” the TSJ said in a statement. More…

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