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Sarah Bakare

Snapshot: Gimme the gold – Bank of England and Venezuela

abundance bank banking banknotes

The High Court recently determined whether the Bank of England was legally compelled to release over $1bn worth of gold to Nicolas Maduro, Venezuela’s ‘president’. The asset was held on the country’s behalf and President Maduro was seeking to use the funds to tackle the coronavirus crisis. Yet, Britain formally recognises the opposition leader as …

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