Venezuela legal action against the Bank of England to hand over $1.13bn of gold

The Central Bank of Venezuela has stepped up its claim against the BoE for Venezuela’s gold reserves.

  • Venezuela requested the Bank of England to sell part of its gold reserves there and send the proceeds to the United Nations to help with the country’s response to the cov1 COVID-19 outbreak
That was in April. This goes back further, though, the Bank of England has delayed the transfer of 31 tonnes of Venezuelan gold stored there to Maduro’s government since 2018. The UK does not acknowledge Maduro as Venezuela’s legitimate leader.
The BoE stores gold for many developing countries.
Via Guardian (not fresh news but ICYMI … keep an eye out if the gold does hit the market I guess)
Central Bank of Venezuela BoE gold reserves.
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