July 25, 2024

Guaido Wants Role in BOE Spat Over $1 Billion in Venezuelan Gold

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At a remote hearing Thursday in London, a lawyer acting for the Venezuelan government-appointed central bank said the BOE wanted to postpone the proceedings “to permit Mr. Guaido to intervene and to lay claim to the central bank’s gold.” The Venezuelan bank asked the BOE to liquidate the gold and send the funds to the United Nations Development Programme (UNDP), which is working with the country to prepare for an increase in Covid-19 cases. By Jonathan Browning. Full Text -> Bloomberg

Translation/ Traducción