The ruling clarifies the U.K.’s position on who it sees as Venezuela’s legitimate leader, while withholding crucial aid to fight COVID-19.
A British judge has denied a request to transfer $1 billion in gold for relief efforts to fight COVID-19 in Venezuela, arguing that the U.K. does not recognize Nicolás Maduro as the rightful leader of the South American country.
More at (paywall) https://www.law.com/international-edition/2020/07/02/british-high-court-refuses-to-release-1b-in-gold-to-venezuela/