United Kingdom: Venezuela’s gold decision …

British Supreme Court has agreed to rule on Venezuelan gold held in Bank of England whose control is replaced by Nicolás Maduro and Juan Guaidó, but the case will have to wait until the second half of 2021.

Maduro’s administration lawyer Nicholas Vineall assured that this complex case, in which the British justice had already reached an agreement with the leader of the opposition and had then withdrawn from him we may have to wait until “October or November of next year”.

By an order from the Court of Appeal in October, Judge Sara Cockerill of the Commercial Court of the High Court in London had to determine on Thursday whether justice would again ask the government of Boris Johnson which of the two political rivals ‘she recognizes. as president of Venezuela, since Guaidó proclaimed himself president.

However, the judge ruled that since the Supreme Court had authorized Wednesday to review the decision “it would not be appropriate to proceed” with a parallel procedure. “We will therefore cancel the hearings that we had scheduled for January and April and we will wait for what the Supreme Court has to say in due course,” he said.

The Maduro government, through the Central Bank of Venezuela chaired by Calixto Ortega, has been trying unsuccessfully for more than two years to recover around thirty tons of gold from the national reserve., valued at $ 1 billion, which he kept in the vaults of the Bank of England.

But the opposition-dominated Venezuelan National Assembly chaired by Guaidó appointed its own ad hoc leadership of the Venezuelan central bank in July 2019 and called on London not to hand over the bars.

On the grounds that it needed money to fight the covid-19 pandemic, Caracas filed a lawsuit in May against the Bank of England and ensured the cause was urgent due to the humanitarian crisis.

The institution, which keeps the funds for many countries, nevertheless said it was stuck between two rival groups who gave it conflicting instructions and asked the courts that before deciding on the final destination of the however, it was decided who had control of it.