WASHINGTON - The United States has increased the reward for information leading to the arrest of Venezuelan President Nicolás Maduro to $25 million. This announcement coincided with Maduro's inauguration for a controversial third six-year term, overshadowed by international criticism and accusations of election fraud.
In addition to the U.S. reward, the United Kingdom, the European Union, and Canada have imposed additional sanctions on Venezuelan officials. The UK sanctioned 15 high-ranking officials, including judges and military leaders, whom the British Foreign Office accuses of undermining democracy and committing human rights violations.
The EU extended its restrictive measures against Venezuela, citing a lack of progress toward democracy and the rule of law. Canada also introduced new sanctions, condemning Maduro's actions as an assault on democratic principles.
Charges Against Maduro
In 2020, the U.S. indicted Maduro on charges of narco-terrorism and corruption. American authorities accuse him of flooding the U.S. with cocaine and using drugs as a weapon to harm public health. Maduro has consistently denied the charges, accusing the U.S. of “imperialist” sanctions that have exacerbated Venezuela’s economic crisis.
While Maduro retains some allies, including Iran, China, and Russia, his administration is increasingly isolated on the global stage. Only the presidents of Cuba and Nicaragua attended his inauguration, with most accredited Venezuelan media excluded from the event. Foreign journalists were also denied entry to the country.
Disputed Election Results
The July 2024 election results, which declared Maduro the winner, were widely rejected by the international community, including neighboring countries Brazil and Colombia. Opposition leader Edmundo González, recognized by many nations as Venezuela’s legitimate president, has been living in exile in Spain since September.
Maduro’s Promises
During his inauguration, Maduro pledged that his third term would usher in a “period of peace, prosperity, and equality.” He reiterated his commitment to building a “new democracy” despite international pressure and domestic opposition.
With the increased reward and additional sanctions, the U.S. and its allies aim to escalate pressure on the Maduro regime, pushing for a return to democratic norms and the restoration of human rights in Venezuela.