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Reuters
Reuters
Politics

Venezuelan parliament passes law to seize assets linked to corruption cases

FILE PHOTO: Jorge Rodriguez delivers a speech after being sworn in as President of the National Assembly of Venezuela for a new period during the opening of the 2023 legislative period, in Caracas, Venezuela January 5, 2023. REUTERS/Leonardo Fernandez Viloria

Venezuela's ruling party-controlled National Assembly on Thursday approved a law allowing the government to seize assets linked to corruption cases, as it investigates irregularities at state oil company PDVSA and other state companies.

According to the law, the government would sell these assets to finance public services, infrastructure and social programs.

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