Battle for the Gold: Venezuelan Rivals President Maduro and Western-Backed Guaido Tussle for Power | WHAT REALLY HAPPENED

Battle for the Gold: Venezuelan Rivals President Maduro and Western-Backed Guaido Tussle for Power

Venezuela’s Central Bank filed a claim in a commercial court in London earlier in June to force the Bank of England to transfer some $1.13 billion-worth of its gold, stored there for safekeeping, to enable President Nicolas Maduro to fund Caracas’s COVID-19 pandemic response.

A UK judge is soon anticipated to rule in the case of who has the rightful claim to $1 .8 billion worth of Venezuelan gold stashed in the Bank of England's vault in London, reports AP.

A decision by Justice Nigel Teare is expected in the next few days, as Venezuelan President Nicolas Maduro says the bullion is vitally needed to fund the cash-starved nation’s struggle with the coronavirus pandemic.

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