Belfast · Northern Ireland

Venezuela files legal claim over £820m gold held by Bank of England

The Central Bank of Venezuela has initiated legal proceedings against the Bank of England to recover €930m ($1bn; £820m) in gold reserves stored in London. The claim follows the Bank of England's refusal in January 2019 to release the gold, which Venezuela asserts as its property.

EmailReport an error

Herald Premium Archive

This report is for subscribers

Sign in or choose a plan for full access to every Belfast Herald story and the complete archive.

NewsVenezuela files legal claim over £820m gold held by Bank of England

The Central Bank of Venezuela has initiated legal proceedings against the Bank of England to recover €930m ($1bn; £820m) in gold reserves stored in London. The claim follows the Bank of England's refusal in January 2019 to release the gold, which Venezuela asserts as its property.

Sign in or subscribeBrowse free archive reports