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Venezuelan politician says Britain intends to embezzle Venezuela’s gold reserves

Under the guise of recognizing the fictitious government of Juan Guaido, Britain wants to appropriate Venezuela’s gold reserves stored in London, Venezuelan MP Jacobo Torres said.

“The main motive for recognizing the fictitious, non-existent government of Juan Guaido is to embezzle Venezuelan gold,” he said.

MP from the ruling United Socialist Party of Venezuela PSUV Torres noted that “the British government violates international law and rejects the legal representation” of the Central Bank and the government of Venezuela “to keep these tons of gold.”

On Friday, the UK High Court dismissed a Venezuelan claim to return about $2 billion worth of gold bars to the country. They are being held in London, in an underground vault of the Bank of England.

Torres added that Britain “continues to have a colonial mentality, believing that they are the masters of the world”, and in addition, “they want to arbitrarily dispose of the resources belonging to the Venezuelan people, who have a legitimate government led by President Nicolas Maduro.”

In total, the vaults of the Bank of England contain 31 tons of gold from the reserves of Venezuela. Now the exchange value of this gold is $ 1.77 billion.

Part of Venezuela’s gold reserves was placed in the UK by former President Hugo Chavez (1998-2013). And the British court denied President Maduro access to this asset. A legal dispute over the management of the gold reserves is now between the Maduro government-appointed official board of the Central Bank of Venezuela and a group of managers appointed by the team of opposition leader Juan Guaido.

Maduro has repeatedly called on the UK to return Venezuela’s gold reserves. It was planned to be used to fight the COVID-19 pandemic, as well as the procurement of food and medicines through the United Nations Development Program.

In early 2019, mass protests began in Venezuela against President Nicolas Maduro, shortly after he was sworn in. The head of the National Assembly, controlled by the opposition, Juan Guaido, proclaimed himself interim head of state.

The West, led by the United States, and several countries on the continent announced their recognition of Guaido. Maduro called the head of parliament a US puppet. Russia, Turkey, China and a number of other countries supported Maduro as the legitimate president.

Source From: MK

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