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London's High Court rules against Venezuela's Maduro in $1 billion gold case
By Marc Jones
Reuters
Friday, July 29, 2022
LONDON -- London's High Court has rejected President Nicolas Maduro's latest efforts to gain control of more than $1 billion of Venezuela's gold reserves stored in the Bank of England's underground vaults in London.
The court ruled today that previous decisions by the Maduro-backed Venezuelan Supreme Court aimed at reducing opposition leader Juan Guaido's say over the gold should be disregarded.
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It marked the latest victory for Guaido, who has won a series of legal clashes over the bullion after the British government recognised him rather than Maduro as the Latin American country's president. ...
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