AIRLINK 74.15 Decreased By ▼ -0.45 (-0.6%)
BOP 5.09 Decreased By ▼ -0.05 (-0.97%)
CNERGY 4.43 Decreased By ▼ -0.07 (-1.56%)
DFML 34.25 Increased By ▲ 1.25 (3.79%)
DGKC 88.75 Decreased By ▼ -0.15 (-0.17%)
FCCL 22.26 Decreased By ▼ -0.29 (-1.29%)
FFBL 32.40 Decreased By ▼ -0.30 (-0.92%)
FFL 9.77 Decreased By ▼ -0.07 (-0.71%)
GGL 10.84 Decreased By ▼ -0.04 (-0.37%)
HBL 115.76 Increased By ▲ 0.45 (0.39%)
HUBC 136.74 Increased By ▲ 0.11 (0.08%)
HUMNL 9.81 Decreased By ▼ -0.16 (-1.6%)
KEL 4.60 Decreased By ▼ -0.03 (-0.65%)
KOSM 4.73 Increased By ▲ 0.03 (0.64%)
MLCF 39.85 Increased By ▲ 0.15 (0.38%)
OGDC 138.49 Decreased By ▼ -0.47 (-0.34%)
PAEL 25.83 Decreased By ▼ -1.06 (-3.94%)
PIAA 26.21 Increased By ▲ 1.06 (4.21%)
PIBTL 6.68 Decreased By ▼ -0.16 (-2.34%)
PPL 122.81 Increased By ▲ 0.07 (0.06%)
PRL 26.70 Decreased By ▼ -0.31 (-1.15%)
PTC 13.98 Decreased By ▼ -0.02 (-0.14%)
SEARL 58.85 Decreased By ▼ -0.62 (-1.04%)
SNGP 70.32 Decreased By ▼ -0.83 (-1.17%)
SSGC 10.37 Decreased By ▼ -0.07 (-0.67%)
TELE 8.56 Decreased By ▼ -0.09 (-1.04%)
TPLP 11.34 Decreased By ▼ -0.17 (-1.48%)
TRG 64.20 Decreased By ▼ -0.93 (-1.43%)
UNITY 26.15 Increased By ▲ 0.35 (1.36%)
WTL 1.39 Decreased By ▼ -0.02 (-1.42%)
BR100 7,820 Increased By 1.3 (0.02%)
BR30 25,477 Decreased By -99.8 (-0.39%)
KSE100 74,770 Increased By 106.3 (0.14%)
KSE30 24,122 Increased By 50.9 (0.21%)

imageCARACAS: Venezuela's President Nicolas Maduro late Tuesday taunted his political opponents after they hit an apparent roadblock in efforts to oust him from office.

Opposition leaders must hold a recall referendum by January 10 if they are to succeed not only in removing Maduro but in staging new elections to replace his administration.

The National Electoral Council (CNE) has approved the first of two petitions required to organize a referendum, which they aim to do by the end of this year.

However, the election officials said Tuesday that a decisive step in triggering a referendum -- the collection of four million signatures on a recall petition -- probably could not be completed in time.

Maduro vowed Tuesday that his political enemies -- whom he has accused of fomenting public disorder and widespread unrest -- would fail.

"The violent plans that you have will be defeated by the conscience of a majority of the people," he declared during his weekly television program, in remarks he addressed to the opposition Democratic Unity Roundtable (MUD).

"We're going to guarantee peace, independence, political sovereignty and the Bolivarian revolution" the Venezuelan president declared invoking the political movement founded by his late mentor and predecessor Hugo Chavez.

The electoral council's president Tibisay Lucena said Tuesday that the gathering of signatures for the second petition "would take place around the end of October" on condition that "all the regulatory requirements are fulfilled."

Lucena said in a speech to top officials that if the opposition gathered the four million signatures required to spark a referendum, the CNE would then have a month to verify them. After that, she said, the CNE would have up to three months to hold the referendum.

That appeared to make it unlikely a referendum would be held by January as the opposition MUD demands.

In keeping with the constitution, if Maduro loses a referendum held after January 10, he would just transfer power to his handpicked deputy.

Copyright AFP (Agence France-Presse), 2016

Comments

Comments are closed.