Venezuela delves into likely fraud against Bandes in the US
The bank's head asked the Attorney General's Office to conduct an investigation
The case involves Bandes' former manager María de los Ángeles González and a US brokerage firm. Porras pointed out an investigation must be conducted as "we may have been victims of embezzlement."
Porras added that the investigation was requested at home although the complaint was filed abroad.
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.