"And the first thing is, they said, We have 50 million barrels. Hard to believe. I said, Is there such a thing as 50 million barrels of oil? And we have to get it processed immediately because we have no room. Will you take it? I said, We'll take it. I didn't have to consult with anybody on that. I didn't have to call up our great attorney general. I said, We will take it. And it's the equivalent to $5.2 billion."
"CNN reported this week that Trump is channeling the money through Qatar as a way to stop Venezuela's many creditors from laying claim to the funds before they can be used to help rebuild the country and lessen the economic crisis in the country. Placing the money into an account in Qatar potentially out of the reach of western businesses and creditors who have claims for money they say they're owed is one way to achieve the administration's goals, noted CNN on the arrangement."
President Donald Trump said he did not clear his Venezuela oil deal with any legal authority in the U.S. government. U.S. military intervention earlier this month led to the arrest of Venezuelan leader Nicolás Maduro on criminal charges. The current Venezuelan regime offered 50 million barrels of oil, which Trump valued at about $5.2 billion and said is now traveling to the United States. The administration began selling the oil and is funneling proceeds through an account in Qatar to prevent creditors from seizing the funds before they can be used to help rebuild Venezuela and ease the economic crisis.
Read at www.mediaite.com
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