Britain Continues to Withold $4.8 Billion of Venezuelan Gold

The foreign secretary has signalled the Bank of England will continue to withhold $4.8bn of Venezuelan gold being held in its vaults, despite the dramatic toppling of the country’s autocratic ruler potentially paving the way to the reserves being returned. Addressing lawmakers late on Monday, Yvette Cooper suggested the government would continue its refusal to recognise the new leadership in Caracas, acknowledging this would likely mean the Bank would continue to withhold the country’s reserves. Britain’s central bank has stored…Weiter zum vollständigen Artikel bei OilPrice.com Weiter zum vollständigen Artikel bei OilPrice.com