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Venezuela legislature to ask U.S. Congress to probe Goldman Sachs deal
May 30, 2017 / 10:40 PM / in 3 months

Venezuela legislature to ask U.S. Congress to probe Goldman Sachs deal

CARACAS (Reuters) - Venezuela's opposition-led National Assembly on Tuesday voted to ask the U.S. Congress to investigate what it said was an "immoral" deal in which Goldman Sachs Group Inc (GS.N) bought $2.8 billion (2.18 billion pounds) of Venezuela bonds for pennies on the dollar.

The New York-based investment bank has come under fire from Venezuelan politicians and protesters in New York opposed to leftist President Nicolas Maduro, who said the deal provided the cash-strapped government hundreds of millions of dollars in badly needed hard currency.

Reporting by Eyanir Chinea and Alexandra Ulmer

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