July 25, 2024

Venezuela in bid to force Bank of England to transfer $1bn of gold

Retrieved from Valora Analitics

Venezuela’s central bank has made a legal claim to try to force the Bank of England to hand over £930m ($1.13bn) of gold so the government of Nicolás Maduro can fund its coronavirus response, according to the document submitted in a London court. The claim follows a request Venezuela made to the Bank in April to sell part of its gold reserves there and send the proceeds to the United Nations to help with the country’s coronavirus-fighting efforts. Full Text-> The Guardian

Translation/ Traducción