BR100 Increased By (0.01%)
BR30 Decreased By (-1.15%)
KSE100 Increased By (0.09%)
KSE30 Decreased By (-0.05%)
AGHA 6.02 Decreased By ▼ -0.03 (-0.5%)
BECO 3.81 Decreased By ▼ -0.02 (-0.52%)
BML 56.44 Decreased By ▼ -1.89 (-3.24%)
BOP 28.10 Decreased By ▼ -0.25 (-0.88%)
CNERGY 12.28 Decreased By ▼ -1.36 (-9.97%)
CSIL 5.29 Increased By ▲ 0.08 (1.54%)
FCCL 53.81 Increased By ▲ 1.53 (2.93%)
FFL 12.80 Decreased By ▼ -0.10 (-0.78%)
FNEL 1.12 Decreased By ▼ -0.01 (-0.88%)
KEL 5.64 Decreased By ▼ -0.15 (-2.59%)
KOSM 5.38 Decreased By ▼ -0.13 (-2.36%)
LOTCHEM 23.55 Decreased By ▼ -0.34 (-1.42%)
MLCF 91.96 Increased By ▲ 1.45 (1.6%)
NBP 162.24 Increased By ▲ 2.52 (1.58%)
NCPL 48.91 Decreased By ▼ -0.69 (-1.39%)
NPL 50.51 Decreased By ▼ -1.29 (-2.49%)
OGDC 301.68 Decreased By ▼ -5.10 (-1.66%)
PACE 9.13 Decreased By ▼ -0.02 (-0.22%)
PAEL 31.81 Decreased By ▼ -0.52 (-1.61%)
PIBTL 12.78 Decreased By ▼ -0.15 (-1.16%)
PPL 212.06 Decreased By ▼ -1.87 (-0.87%)
PRL 87.26 Decreased By ▼ -9.70 (-10%)
PTC 43.96 Decreased By ▼ -1.23 (-2.72%)
SSGC 22.86 Increased By ▲ 0.33 (1.46%)
TBL 8.91 Decreased By ▼ -0.11 (-1.22%)
TELE 6.44 Decreased By ▼ -0.28 (-4.17%)
TPL 24.09 Decreased By ▼ -1.82 (-7.02%)
TPLP 12.16 Decreased By ▼ -0.44 (-3.49%)
TREET 23.50 Increased By ▲ 0.04 (0.17%)
TRG 51.87 Decreased By ▼ -0.09 (-0.17%)
By

CARACAS: Venezuelan authorities on Friday seized the headquarters of a newspaper critical of President Nicolas Maduro's government, to cover $13 million in compensation that a court had ordered it to pay a top official in a defamation case.

"At this very moment, a judge surrounded by national guards entered the building of El Nacional to seize everything," tweeted newspaper president-director Miguel Henrique Otero. In April, Venezuela's Supreme Court of Justice ordered the daily to pay $13.4 million for causing "serious moral damage" to Diosdado Cabello, the second most powerful person in Venezuela after Maduro.

"The process of paying the compensation has begun," Cabello said on Twitter.

In 2015, Cabello, second in command of the governing Socialist Party, took the newspaper to court for reproducing a report by Spanish newspaper ABC that accused him of links to drug trafficking. El Nacional had asked the Supreme Court to explain how it came to the astronomical figure of $13 million, given a previous decision reached in 2018 ordered the newspaper to pay one billion bolivars, worth around $600 on the black market at that time. The emblematic newspaper was founded in 1943 by Venezuelan writer Miguel Otero Silva, but ceased its print version in 2018 due to a lack of funds and paper that is tightly controlled by the state, which limits it to friendly media. It has spent two decades clashing with the Chavism movement of the late former president Hugo Chavez and his successor Maduro, who accuses the newspaper of conspiring with the opposition to overthrow him.

Comments

Comments are closed for this article.