Venezuela takes over supermarket chain accused of hoarding

February 3, 2015 7:09 PM

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Venezuela takes over supermarket chain accused of hoarding

CARACAS (Reuters) - Venezuela said on Tuesday it has temporarily taken over 35 stores belonging to the "Dia a Dia" supermarket chain on charges it squirreled away food to stoke public exasperation over widespread shortages.

President Nicolas Maduro has alleged that a greedy business elite is hoarding goods and engineering long queues by closing check-out counters in a bid to sabotage his socialist rule.

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