UK reaffirms backing for Guaido as Venezuela president ahead of $1 billion gold case


  • World
  • Monday, 19 Jul 2021

FILE PHOTO: Venezuela's opposition leader Juan Guaido addresses the media, in Caracas, Venezuela April 9, 2021. REUTERS/Manaure Quintero/File Photo

LONDON (Reuters) - The British government reiterated on Monday that it recognises opposition figure Juan Guaido as Venezuela's president, a move aimed at quashing a bid by the Nicolas Maduro-backed Venezuelan central bank to repatriate nearly $1 billion of its gold stored in London.

Legal teams representing Maduro and Guaido will be at the UK Supreme Court on Monday in the latest stage of a long-running tug-of-war over what amounts to about 15% of Venezuela’s foreign currency reserves.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Thousands rally in Australian capitals to demand gender violence justice
Young Europeans are spending money in the metaverse
North Korea accuses US of politicizing human rights issues
This exoskeleton can boost your physical capabilities
This AI-focused chip is powered by light
Study warns users about health information on TikTok
Canada's British Columbia calls off drug decriminalization pilot project
3 killed after building collapses in north Nigeria
Aerosmith frontman Steven Tyler wins dismissal for good of sexual assault lawsuit
Chinese company to build photovoltaic factory in Saudi port

Others Also Read