According to a decree published in the Venezuelan Official Gazette, former deputy Finance Minister Jesús Bermúdez was also disqualified
Venezuelan Official Gazette No. 39,755, dated September 12, issued a resolution by the Comptroller General Office according to which former Finance Minister Tobías Nóbrega was disqualified to hold public office for a 15-year period.
The Comptroller General also banned former deputy Finance Minister Jesús Bermúdez from holding public office for a 15-year period.
Nóbrega was the Venezuelan Minister of Finance between 2002 and 2004 and the sanction was imposed due to administrative irregularities in the sale of two buildings during his tenure as minister. Last year, the Comptroller General Office ordered the former official to pay a compensation of VEB 7 million (USD 1.63 million).
Since the Venezuelan government imposed currency and price controls in 2003 property rights have been seriously affected, as the individual's freedom to acquire, use, enjoy and dispose of property has been severely restricted, according to experts.