Citibank to shut Venezuela’s accounts

CARACAS: Venezuela´s President Nicolas Maduro said on Monday that Citibank NA, planned to shut his government´s foreign currency accounts within a month, denouncing the move by one of its main foreign financial intermediaries as part of a "blockade." "With no warning, Citibank says that in 30 days it will close the Central Bank and the Bank of Venezuela´s accounts," Maduro said in a speech, adding that the government used the U.S. bank for transactions in the United States and globally.