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Britain’s High Court rules against Venezuela’s Maduro in $1 billion gold battle

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Reuters UK

By Marc Jones LONDON (Reuters) -Britain’s High Court has rejected President Nicolas Maduro’s latest efforts to gain control of more than $1 billion of Venezuela’s gold reserves stored in the Bank of England’s underground vaults in London. The court ruled on Friday that previous decisions by the Maduro-backed Venezuelan Supreme Court aimed at reducing opposition leader Juan Guaido’s say over the gold, should be disregarded. It marked the latest victory for Guaido, who has won a series of legal clashes over the bullion after the British government recognised him rather than Maduro as the Latin A…

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