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Venezuela's Maduro wins round in billion-dollar gold dispute with Bank of England
By Vasco Cotovio and Isa Soares
CNN, New York
Monday, October 5, 2020
LONDON -- Venezuela's embattled President Nicolas Maduro won Monday the latest round of a legal battle over a billion dollars' worth of gold stored at the Bank of England, with a British appeals court saying it wants more information from the UK government before making a decision about who can take control of the assets.
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The court reversed a July decision made by a lower court, which ruled against the cash-strapped Maduro government and said opposition leader Juan Guaidó should have control of the gold because he had been "unequivocally recognized" as president of Venezuela by the British government.
Appeals Judge Stephen Males Monday disagreed with that assessment, calling the UK government's recognition "ambiguous" and "less than unequivocal." ...
... For the remainder of the report:
https://www.cnn.com/2020/10/05/americas/nicolas-maduro-gold-case-intl/in...
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