Venezuela's Maduro wins UK court appeal over $1 billion in gold reserves held by the Bank of England | Markets Insider

."The judiciary and the executive must speak with one voice" high court judge Nigel Teare said."There cannot be two Presidents of Venezuela."

In early 2018, Maduro approached the Bank of England to remove gold worth about $550 million — or 16.5 tons — from its vaults and return it to South America. Since that time, the value of an ounce of gold has risen by more than 40%. It is common for governments in emerging-market economies to store gold with the central banks of more developed economies.to the Venezuelan gold reserves held by the Bank of England by"the illegitimate and kleptocratic regime" of President Nicolas Maduro, as he sought to safeguard the holdings in the UK.to help his cash-starved nation battle the COVID-19 pandemic. But the central bank refused to hand it over.

Yep, 1 billion more that will go to Maduro an it's regiment swiss bank accounts. 😪

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UK Court of Appeal overturns judgment in Venezuela gold case: lawyersA tug-of-war over $1 billion worth of Venezuelan gold stored at the Bank of England took a fresh twist on Monday as the English Court of Appeal overturned an earlier High Court ruling on who the UK recognised as the South American country's president. kidmago Britain = looting thieves return the gold to Venezuela ! Victory For The People Of Venezuela! Down With The UK Government! Down With The Trump Clique! Down With The Self-Proclaimed! HandsOffVenezuela
Source: Reuters - 🏆 2. / 97 Read more »