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Lawyers for contested Venezuelan leader Nicolás Maduro contend that the U.K. should not be able to determine the fate of the assets of a sovereign nation.
October 08, 2021 at 12:01 AM
3 minute read
The U.K. Supreme Court is expected to soon rule on the Bank of England’s right to withhold nearly $2 billion of gold from Venezuelan leader Nicolás Maduro amid doubts about the legitimacy of his rule.
Britain recognizes opposition leader Juan Guaidó as president of Venezuela, saying he alone has the authority to act as head of state and to decide how to use the country’s gold held by Britain’s central bank.
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