The US on Friday announced it was raising a bounty on President Nicolas Maduro to $25 million, as the Venezuelan leader was sworn in for a third term in office. Also named in the sanctions announced by the Treasury Department are eight Venezuelan officials who lead “key economic and security agencies enabling Nicolas Maduro’s repression and subversion of democracy in Venezuela”.

Venezuelan President Nicolas Maduro took the oath for a third term as president, while the US increased the bounty on him.

BOGOTA, Colombia—Venezuelan president Nicolas Maduro was sworn into office for a third consecutive term on Friday, as the United States, European Union and United Kingdom announced a new round of sanctions on the increasingly authoritarian government.