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Venezuelan Justice doubles the fine against the ‘Nacional’ in favor of Diosdado Cabello

1 hour ago

The compensation for US $ 13.36 million that, according to a Venezuelan court, the newspaper El Nacional must pay Diosdado Cabello was doubled. Why? Defense of the media complaint.

The Venezuelan newspaper The National It was notified, through a court document, that the fine imposed in May against the newspaper for “moral damage to Diosdado Cabello” doubled in less than a month. Lawyers for the publication say that the compensation went from $ 13.36 million in May to $ 30.05 million in June.

“It is no longer 13.36 million dollars. Now The National will have to pay Diosdado Cabello 30.05 million dollars for moral damages, according to the Third Court of First Instance in Civil, Commercial, Traffic and Banking of the Judicial District of the metropolitan area of ​​Caracas, “wrote the newspaper on its page Web.

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The newspaper, which currently only has a digital edition, attached a photo of the sentence that was notified to it. The information notified to the newspaper “is included in the communication notifying the forced execution of the embargo to the headquarters of The National because, according to the court, the periods granted to the defendant to voluntarily comply with the sentence expired, “added El Nacional.

On April 16, the Supreme Court of Justice (TSJ) issued a ruling stating that the Venezuelan newspaper must pay Cabello 237,000 petros at the exchange value of the day, which was $ 13,369,170. The petro is a launched cryptocurrency by Nicolás Maduro in 2018 and which is sanctioned by the United States.

Cabello, today a deputy in the Venezuelan Parliament, sued El Nacional in August 2015, after the newspaper replicated an information from the Spanish newspaper ABC, which indicated that the Chavista leader was being investigated by the United States for alleged ties to drug trafficking.

On May 14, the Venezuelan Justice decreed the embargo of the headquarters of the newspaper El Nacional, founded in 1943, as part of the compensation. The order was then issued by the Fourth Court of the Ordinary Municipality and Executor of Measures of the Judicial District of the Metropolitan Area of ​​Caracas.

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The notification sent to The National It states that “an executive seizure measure is decreed on assets owned by the defendant until the amount in bolivars equivalent to 533,250 petros is covered, an amount that must be calculated according to the value of the petro at the time of effective payment.”

This “comprises double the amount sentenced plus the procedural costs calculated by this court at 25%, and which amount to 59,250 petros, an amount is already included in the previous one.” The Nacional highlighted that the 533,250 petros are equivalent to 93 , 88 trillion bolivars or 30.05 million dollars, while the procedural costs amount to 10.43 trillion bolivars or 3.33 million dollars, always according to the information published by the newspaper.

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