EXHIBIT C

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Legislative Gazette February 22nd, N°57

OFFICE OF THE SPECIAL ATTORNEY

Bolivarian Republic of Venezuela

BOLIVARIAN REPUBLIC OF VENEZUELA, 

OFFICE OF THE SPECIAL ATTORNEY OF THE 

REPUBLIC PER-P-372, FEBRUARY 21st, 2022

Enrique J. Sanchez Falcon

Special Attorney of the Republic

In exercise of the powers established in Article 17.1 of the Law of the 

Statute that Governs the Transition to Democracy to Re-establish the 

Validity of the Constitution of the Bolivarian Republic of Venezuela 

and having heard the opinion of the National Council for Judicial 

Defense, 

WHEREAS, 

That the Statute that Governs the Transition to Democracy to Reestablish the Validity of the Constitution of the Bolivarian Republic of 

Venezuela puts in charge of the interim government the actions 

intended to protect or recover the assets of the Republic abroad, and to 

this effect the powers of the interim Executive Office must be exercised 

by the Special Attorney of the Republic, a body created in the 

aforementioned Statute.

WHEREAS,

That the Office of the Special Prosecutor has received a proposal for a 

mechanism to recover assets of the Republic, which consists of 

creditors of the Republic or its decentralized entities that have obtained 

final judgments in which their credits are stated, they offer themselves 

to sue, at their own risk, the holders of Venezuelan assets obtained 

through acts of corruption and that the assets thus recovered serve to 

repay the debts owed by the Republic and its decentralized entities 

with the aforementioned creditors, up to the concurrence of the amounts 

owed.

WHEREAS,

That the proposed mechanism presents clear benefits for Venezuela in 

terms of reducing the amount of their debts and will contribute to 

reducing the scope of impunity in crimes against public property, with 

no need to make outlays to hire law firms, so it must be applied in all 

cases of creditors who show an interest in availing themselves of 

this procedure and who meet the requirements established for that 

purpose, 

Pronounce the following 

Case 1:21-cv-23103-BB Document 50-3 Entered on FLSD Docket 08/01/2022 Page 2 of 8
Legislative Gazette February 22nd, N°57 

OFFICE OF THE SPECIAL ATTORNEY

Bolivarian Republic of Venezuela

GUIDELINES FOR PROCESSING PROPOSALS FROM 

CREDITORS OF THE VENEZUELAN PUBLIC SECTOR TO SUE 

HOLDERS OF ASSETS OBTAINED BY 

ACTS OF CORRUPTION 

Article 1. - The creditors of the Republic and of the decentralized 

entities, interested in executing their beliefs on assets originating 

from corruption and in availing themselves of the procedure referred 

to in these guidelines, will address to the Special Attorney General 

of the Republic to submit their proposal, accompanying the necessary 

information on the procedure, among them the indication of the final 

judgments demonstrating their credit, the identification of the 

holders of public assets obtained by acts of corruption and the 

assets on which their performance will be directed. 

SOLE PARAGRAPH: In cases of claims against decentralized 

entities of the Republic, the proposal referred to in this article must 

be addressed to the Special Attorney General of the Republic through 

the corresponding decentralized entity.

Article 2. - In the proposal referred to in the previous article, the 

interested party will express his/her decision to waive the right to 

exercise acts against the Venezuelan public entities to execute the 

final judgement or judgements obtained, at least until the conclusion 

of the procedures that have already been initiated against the holders

of assets originated from corruption.

Article 3. - The Special Attorney General of the Republic, once the 

records of the case have been examined and the additional 

information required from the proponent obtained and verified, will 

issue a decision and communicate it to the interested party.

If the decision is favorable and the proponent so requests, the 

Special Attorney may address a communication to the Office of 

Foreign Assets Control (OFAC), a division of the United States 

Department of the Treasury, in which he/she will express that he/she 

has no objection to the license request made by the interested party. 

Article 4. - If the Special Attorney General receives at any time 

information about the lack of veracity of the statements or receipts 

submitted by the proponent, or that evidence the connection between 

the proponent and the usurper regime of Venezuela, or any dishonest 

conduct of that person, may revoke or null the previously issued 

favorable decision. 

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Case 1:21-cv-23103-BB Document 50-3 Entered on FLSD Docket 08/01/2022 Page 3 of 8
Legislative Gazette February 22nd, N°57 

OFFICE OF THE SPECIAL ATTORNEY

Bolivarian Republic of Venezuela

Article 5. - The assets that the proposing person manages to 

recover will be imputed to the cancellation of the claim against the 

debtor public entity, up to the concurrence of the amounts owed by it, 

and in the event of any surplus, it will be delivered to the 

corresponding public entity.

Issued in Bogota, Republic of Colombia, on the twenty-first (21) day 

of February, two thousand and twenty-two. 

Enrique J. Sanchez Falcon. 

Digitally signed by

ENRIQUE JOSE 

SANCHEZ FALCON 

Date: 2022.02.21

11:48:24 - 0500

Special Attorney of the Bolivarian Republic of Venezuela

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