The Bank of England has refused to release US$1 billion in gold reserves to Venezuela’s central bank. Photo: AFPThe Bank of England has refused to release US$1 billion in gold reserves to Venezuela’s central bank. Photo: AFP
The Bank of England has refused to release US$1 billion in gold reserves to Venezuela’s central bank. Photo: AFP

UK court sides with Venezuela opposition leader in US$1 billion gold bullion dispute

  • The ruling came after Venezuela President Nicolas Maduro’s central bank requested US$1 billion in bullion be released from the Bank of England
  • Competing claims for the presidency following 2018’s disputed elections meant the bank was ‘caught in the middle’ and unable to act, it said
Topic |   Venezuela
The Bank of England has refused to release US$1 billion in gold reserves to Venezuela’s central bank. Photo: AFPThe Bank of England has refused to release US$1 billion in gold reserves to Venezuela’s central bank. Photo: AFP
The Bank of England has refused to release US$1 billion in gold reserves to Venezuela’s central bank. Photo: AFP
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