Venezuela’s Maduro wins appeal over $1bn in gold at Bank of England
Judges reverse a lower-court ruling that the UK unequivocally recognises opposition leader Juan Guaido as interim president
London — A British appeals court ruled in favour of the Venezuelan government of Nicolas Maduro, and said the legal fight over the future of $1bn in gold stored in the vaults of the Bank of England (BOE) should be reconsidered.
The judges on Monday reversed a lower-court ruling that the UK had unequivocally recognised opposition leader Juan Guaido as interim president, giving the Maduro administration another shot at getting control of the gold. The UK government’s statements on Guaido do not reflect the reality of London’s continued diplomatic relations with Maduro, the justices led by judge Stephen Males said...
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