Judge Sides With Guaido in $1 Billion Venezuela Gold Fight
- U.S.-backed opposition leader recognized as interim president
- Maduro and Guaido lay claim to gold held by Bank of England
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A London judge delivered a blow to Venezuelan President Nicolas Maduro’s attempt to retrieve $1 billion of gold in Bank of England vaults, ruling that opposition leader Juan Guaido should be recognized as the country’s interim president.
In deciding the ownership of the gold, the court should accept the U.K. government’s “unequivocal” recognition of Guaido, Judge Nigel Teare said Thursday. The decision dismisses the attempt by Maduro-appointed executives at Venezuela’s central bank to set aside the comments.