Skip to content
October 1, 2023
  • Facebook
  • Twitter
  • YouTube
  • Instagram
  • Reddit
  • Telegram
  • TikTok
  • LinkedIn
  • Discord
Orinoco Tribune – News and opinion pieces about Venezuela and beyond

Orinoco Tribune – News and opinion pieces about Venezuela and beyond

From Venezuela and made by Venezuelan Chavistas

Primary Menu
  • News
  • Opinion
  • About us
    • About us
    • Who we are – Becoming a Volunteer
    • Editorial guidelines for contributors
    • Our Sources
      • Venezuelan Sources
      • International Sources
    • Contact us
  • Categories
    • Politics
    • Economy
    • Security and Defense
    • International
      • Africa
      • Asia
      • Europe
      • Oceania
      • US/Canada
    • Latin America and ALBA-TCP
      • South America
      • Central America and the Caribbean (+Mexico)
    • Ideology-Commune-Labor
    • Health-Education-Sport-Culture-Technology
    • Solidarity and Social Movements
    • OT Specials
  • Support Us
Light/Dark Button
YouTube Channel
  • Home
  • News
  • Venezuelan Gold Seized by the Bank of England: British Court Accepts Guaidó’s Appeal
  • Europe
  • International
  • News

Venezuelan Gold Seized by the Bank of England: British Court Accepts Guaidó’s Appeal

December 11, 2020

Thursday December 10 the British Supreme Court accepted the appeal issued by the lawyers of the opposition for exiting deputy Juan Guaidó, and ruled in favor of hearing his appeal regarding control of Venezuela’s gold reserves, valued at $1.3 billion, deposited in the Bank of England. The gold is the property of Venezuela’s people.

“Permission to appeal has been granted on all points,” a spokesman for the highest court told international media.

This further complicates the judicial process that seeks to determine who will gain control of Venezuelan gold, either the legitimate government of President Maduro, or Guaidó’s imaginary government, a fiction created by the United States to oust President Nicolas Maduro and steal Venezuelan assets.

RELATED CONTENT: Venezuela: The Great Patriotic Pole Electoral Alliance Achieves an Overwhelming Victory and Gains the Majority in the Next National Assembly

In mid-November, Guaidó’s lawyers filed this appeal before the British Supreme Court, seeking to annul the decision issued on October 5 by the London Court of Appeals.

In a decision in favor of the Venezuelan people, the London court had annulled the July ruling that granted Guaidó control over the gold bars.

This is because it was “not clear” if Guaidó really was the one who ruled in Venezuela. For this reason, the Court of Appeals referred the case to the Supreme Court, in order for it to ask the government of British Prime Minister Boris Johnson to clarify who he really recognizes at the head of Venezuela, since he maintains diplomatic and consular relations with the legitimate government of President Maduro .

RELATED CONTENT: Guaido Threatens Violent Overthrow of Venezuelan President Nicolas Maduro After Election Boycott Failure

On the other hand, in the ruling on Thursday, December 10, the British Supreme Court urged Guaidó to cancel the £400,000 (about $550 million USD) of legal expenses that he refuses to pay. Some analysts agree that this might be a new strategy from the British government and the Bank of England to seize the money that belongs to millions of Venezuelans and was in custody of the Venezuelan Central Bank (BCV).

“The gringos and the Europeans are descendants of the pirates that plagued the Caribbean a few centuries ago,” an international affairs expert told Orinoco Tribune. “Apparently we can’t expect any different from them. They just want to rob as much money as they can from the Venezuelan people—who could really use it—but that won’t affect Venezuelans’ resolve to be sovereign, and to never again be a US or European neo-colony.”

“This should serve as new evidence that the Bank of England—aside from all the legal paraphernalia—is not a safe place for the money of any government,” he added.

 

Featured image: File photo.

(La IguanaTV) with OT content.

Translation: OT/JRE/SL

Don't want to be a victim of the Algorithm?

SIGN UP TO RECEIVE OUR WEEKLY DIGEST WITH ALL YOU NEED TO KNOW ABOUT VENEZUELA AND BEYOND

We don’t spam! Read our privacy policy for more info.

orinocotribune
Website | + posts
  • orinocotribune
    https://orinocotribune.com/author/orinocotribune/
    Poster for Orinoco Tribune's special interview with US academic Steve Ellner. Photo: Orinoco Tribune.
    October 1, 2023
    US Academic Steve Ellner: Venezuela Needs More Checks and Balances to Fight Corruption and Abuse of Power
  • orinocotribune
    https://orinocotribune.com/author/orinocotribune/
    Palestinian President Mahmud Abbas (left) receiving the credentials of Nayef al-Sudairi(right), Saudi Arabia's non-resident ambassador to Palestine. Photo: Thaer Ghanaim/PPO/AFP.
    October 1, 2023
    Saudi Arabia is Trying to Pacify Palestinians While Opening the Gates of Normalization With Israel
  • orinocotribune
    https://orinocotribune.com/author/orinocotribune/
    CNE President Elvis Amoroso giving statements to the press, accompanied by Jesús María Casal, head of the opposition CNP. Photo: Contrapunto.
    September 30, 2023
    Venezuela's Electoral Authority Proposes to Assist and Postpone Opposition Primaries
  • orinocotribune
    https://orinocotribune.com/author/orinocotribune/
    Venezuelan President Nicolás Maduro in a Movistal (formerly Telefonica) booth next to a telecom executive, watching a robotic dog exhibition during the FITELVEN Fair this Wednesday, September 27, 2023. Photo: Presidential Press.
    September 29, 2023
    Venezuela Approves Incentives to Strengthen Telecommunications Following Bad Service Complaints
Tags: Bank of England (BoE) Boris Johnson Central Bank of Venezuela (BCV) gold Juan Guaido pirates UK Venezuela

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to email a link to a friend (Opens in new window)

Continue Reading

Previous Previous post:

President Thanks Defenders of Venezuelan Embassy in Washington

Venezuelan Embassy Protectors meeting President Maduro
Next Next post:

‘Thousands and Thousands of People in the Street for Christmas’: Maduro Criticizes COVID-19 Relaxation

Subscribe to Weekly Digest

We keep your data private and share your data only with third parties that make this service possible. Read our Privacy Policy.

Check your inbox or spam folder to confirm your subscription.

NEWS: MOST POPULAR

Calendar

October 2023
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
« Sep    

Categories

OPINION: MOST POPULAR

We are on Telegram


Receive our news directly in your cell phone or PC, join us on our TELEGRAM channel.

 

We are on Discord


Join our Discord server to check our content without algorithms and to interact directly with our team.

The original content by Orinoco Tribune is free to share and it is licensed under CC BY 4.0

We are on Reddit

If you are more into REDDIT, join our Orinoco Tribune subreddit.

  • Facebook
  • Twitter
  • YouTube
  • Instagram
  • Reddit
  • Telegram
  • TikTok
  • LinkedIn
  • Discord
Copyleft, No rights reserved.

W E    N E E D    Y O U R    S U P P O R T

Orinoco Tribune operates without any advertising. We are not funded by any governments, think tanks, or large institutions. Our operations are entirely funded by readers like you. Our most generous donors have been targeted by the US for supporting socialist causes or are financially struggling. As a result, their accounts have been frozen, cutting off a significant revenue stream and severely threatening the sustainability of Orinoco Tribune.

We urge our readers and supporters, especially those not currently doing so, to help us with small donation (such as US $5 or $10/month) via Patreon, via Paypal/Credit-Card/crypto or via paper checks. Readers and supporters like you will allow us to continue bringing you progressive and hard-hitting news from Latin America, the Global South, and the world.

Help us reach our goal of $650 in monthly Patreon donations. We are counting on you as our only source of financial support!