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US Treasury official says sanctions for Venezuelan corruption are in place

( June 22, 2016, 18:29 GMT | Official Statement) -- MLex Summary: The US Department of the Treasury already has the authority to impose economic sanctions, as well as visa sanctions, on any person determined to "have a hand in public corruption by senior Venezuelan government officials,'' Treasury's acting director of the Office of Foreign Assets Control told a congressional committee on Wednesday. Acting director John E. Smith told a House Foreign Affairs subcommittee that the sanctions, imposed in March 2015 in E.O. 13692, may cover a range of human rights and corruption abuses.Statement follows below:...

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