Great Britain rejects Maduro's request for control of gold

Great Britain rejects Maduro's request for control of gold

A British judge refused to give Venezuela control over more than a billion dollars of gold, which is in the vault of the Bank of England. He decided it was illegal to hand over his surrender to Nicolas Maduro, as Britain does not recognise him as Venezuela's president. Reuters reports that a British court in the case [...]

A British judge refused to give Venezuela control over more than a billion dollars of gold, which is in the vault of the Bank of England.

He decided it was illegal to hand over his surrender to Nicolas Maduro, as Britain does not recognise him as Venezuela's president.

Reuters reports that a British court in the case of who controls Venezuela's gold reserves, which are located in London, ruled that Great Britain “recognised” the leader of the Venezuelan opposition Juan Guaido as president, broadcasts Kosovas.

Maduro demanded that gold be handed over in order to help the country fight against the coronary pandemic, Kosovo Preress broadcast.

However, the British Central Bank, whose government recognises Guaido as a legitimate leader, refused to hand over gold to the socialist government of Maduro.

Guaido seeks to preserve gold reserves at the Bank of England to keep them from the government of Maduro.

Venezuela's Central Bank has asked for gold, which it wants to sell for food and medical equipment, as Venezuela desperately needs it in the fight against pandemic.

Saros Zaivala, a lawyer representing Maduron, promised to file an appeal.

He said in a statement that the verdict “fully ignores the reality of the situation on the ground” in Venezuela.

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