March 28, 2024

AndronETalksNews

AndronETalksNews

UK Supreme Court denies Maduro claim to Venezuelan gold

BBC News

December 21, 2021

The UK Supreme Court has prevented Venezuelan President Nicolás Maduro from accessing $1.95bn (£1.4bn) of gold stored in the Bank of England (BoE).

Mr Maduro says the cash will be used to fight Covid-19 in the country.

The Supreme Court overturned a prior Court of Appeal ruling, meaning only opposition leader Juan Guaidó, who the UK considers as the legitimate leader, can decide what happens to the gold.

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