British judge declines to give Venezuela control over gold worth more than $ 1 billion

The British judge refused to give Venezuela control of gold worth more than $ 1 billion in the vault of the Bank of England, deciding that it is illegal to transfer it to President Nicolas Maduro, since the UK does not recognize him as president, the AP reports.

Maduro demanded gold to direct funds to fight the coronavirus pandemic. But the central bank of the United Kingdom, whose government recognizes the leader of the Venezuelan opposition, Juan Guaido, as the country’s legitimate leader, refused to transfer it to the Maduro administration.

A lawyer representing Maduro’s side promised to appeal, saying the decision “completely ignores the reality of the situation in Venezuela.” “The Maduro government has full control over Venezuela and its administrative institutions, and only it can ensure the distribution of humanitarian aid and medicines needed to combat the coronavirus pandemic,” he said.

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