Decisions of the Supreme Court of Venezuela cannot be recognized as English law
The High Court of Great Britain rejected the lawsuit of Venezuelan President Nicolas Maduro to return gold bars worth more than $1 billion, which are stored in an underground vault of the Bank of England in London, Reuters reports.
“UK judge Sarah Cockerill has ruled in favor of the government of opposition leader Juan Guaidó regarding appointments to the Central Bank of Venezuela (BCV) made by Guaidó,” the agency reported.
She ruled that the decisions of the Supreme Court of Venezuela cannot be recognized under English law, and one reason is that the court has many judges who support Maduro.
Venezuela's central bank is considering an appeal, the article says.
It was previously reported that the USA is easing sanctions against Venezuela to reduce energy dependence. away from the Russian Federation.
