A court in Venezuela has issued arrest warrants for 30 bank executives over their alleged mismanagement of the country's financial affairs.
The court order comes days after the government of President Hugo Chavez nationalized seven banks due to their 'unregulated' transactions.
“A group of irresponsible bankers, of citizens crazed by ambition, started to use the public's money, private and public money in their banks, to commit crimes,” Chavez said on Monday before the arrest orders were issued.
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