Congress Bank Accounts 'Frozen': How Financial Coercion Became a Political Tool
The QuintIn Venezuela, under the presidency of Nicolás Maduro, the freezing of bank accounts of political opponents has also been used as a method to suppress Opposition movements. In January 2019, amid a political crisis in Venezuela, Juan Guaidó, the leader of the Opposition, invoked constitutional provisions to declare himself interim president, challenging Maduro's legitimacy. In Turkey, following the failed coup attempt in July 2016, President Recep Tayyip Erdoğan's government launched a widespread crackdown on perceived enemies of the state, targeting not only the alleged coup plotters but also a broad spectrum of individuals and organisations deemed to be affiliated with or supportive of Opposition movements, including the Gülen movement, Kurdish political activists, journalists, academics, and civil society activists. As part of this crackdown, the government implemented emergency decrees granting authorities sweeping powers to freeze bank accounts and seize assets without due process.
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