Citibank to close Venezuela government accounts: Maduro

Venezuela's President Nicolas Maduro said on Monday that Citibank NA C.UL, planned to shut his government's foreign currency accounts within a month, denouncing the move by one of its main foreign financial intermediaries as part of a "blockade."

"With no warning, Citibank says that in 30 days it will close the Central Bank and the Bank of Venezuela's accounts," Maduro said in a speech, adding that the government used the U.S. bank for transactions in the United States and globally.

"Do you think they're going to stop us with a financial blockade? No, gentlemen. Noone stops Venezuela."

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