Venezuela’s Gold

November 2024 Forums General discussion Venezuela’s Gold

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    alanjjohnstone
    Keymaster

    Efforts by Venezuela’s Juan Guaidó to gain control over €1.6bn (£1.3bn) of gold reserves held by the Bank of England have come closer to success after the UK supreme court ruled that Britain unequivocally recognises him as head of state.

    the supreme court reinstated the overturned high court ruling that English courts are bound by the so-called “one voice” doctrine, a 19th-century legal concept whereby a statement by the UK government as to whom it recognises as the head of state of a foreign country must be accepted as conclusive in the English courts.

    https://www.theguardian.com/law/2021/dec/20/guaido-closer-to-13bn-in-venezuelan-gold-after-uk-court-ruling

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