Wednesday, 16 May 2018

Authorities in Venezuela seizes Kellogg cereal factory after closure

Authorities in Venezuela have seized a plant owned by the American cereal manufacturer Kellogg.

It comes after the firm announced it was pulling out of the country because of the worsening economic situation.

President Nicolas Maduro, who has previously accused the US of waging economic war against his government, called the closure "absolutely unconstitutional and illegal".

He said the factory had been handed to workers and would continue production.

Earlier, workers had said they had been prevented from entering the plant in the central city of Maracay on Tuesday.
The announcement comes ahead of Sunday's presidential elections.

"We've begun judicial proceedings against the business leaders of Kellogg's because their exit is unconstitutional," Mr Maduro told cheering supporters in the central state of Carabobo.

"I've taken the decision to deliver the company to the workers in order that they can continue producing for the people."

BBC       News.

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