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Marco Rubio: “The funds are in an account that belongs to Venezuela, but…”

Featuring: Marco Rubio, Republican | Secretary of State, United States | National

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Secretary of State Marco Rubio Testifies on Venezuela

Published | Video Starts at 2:09:09

Earlier you testified that the funds are being held short term in Qatar, and then we'll move to a Treasury blocked account. What is the statutory authority for the administration relying on Qatar to hold the funds? It's not our funds. The funds are in an account that belongs to Venezuela, but it has US Sanctions as a blocking mechanism on it. And one of the primary reasons why it was in a third country initially, until we could create the mechanism to move it to a US Presence is twofold. (2:09:09–2:09:18)

CLAIM

Asserts that Venezuelan funds are blocked by U.S. sanctions.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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