Britain's High Court rules against Venezuela's Maduro in latest gold battle

FILE PHOTO: Venezuela's President Nicolas Maduro looks on during a meeting with Alejandro Dominguez, president of the South American Football Confederation CONMEBOL, at the Miraflores Palace, in Caracas, Venezuela July 11, 2022. REUTERS/Leonardo Fernandez Viloria

LONDON (Reuters) - Britain's High Court rejected Nicolas Maduro's latest efforts on Friday to get control of more than $1 billion of Venezuela's gold reserves stored in the Bank of England's underground vaults in London.

The court ruled that judgements by the Maduro-backed Venezuelan Supreme Court that the gold should be moved from London should be disregarded.