Venezuela Files Claim to Force Bank of England to Hand Over Gold

from Reuters.com

CARACAS (Reuters) – Venezuela’s central bank has made a legal claim to try to force the Bank of England to hand over €930 million ($1.02 billion) of gold so President Nicolas Maduro’s government can fund its coronavirus response, according to the document submitted in a London court.

The claim follows a request Venezuela made to the Bank of England 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.

The Bank of England declined to comment on the claim. The Venezuelan central bank did not respond to a request to comment.

Continue Reading at Reuters.com…