Disputed Venezuelan Gold Worth $1.8b In Bank Of... Here

The UK Supreme Court ruled in 2021 that the judiciary must follow the government’s lead ("one voice" doctrine) and recognize Guaidó, effectively blocking Maduro's access.

The dispute became a years-long legal "tug-of-war" in the London courts. Disputed Venezuelan Gold Worth $1.8B in Bank of...

Britain continues to hold over in Venezuelan gold at the Bank of England as of April 2026. The assets remain frozen despite the reported ousting of Nicolás Maduro in early 2026, as the UK government still refuses formal recognition of any current Venezuelan leadership. 🏛️ Current Legal Status The UK Supreme Court ruled in 2021 that

Former opposition leader Juan Guaidó (recognized by the UK as interim president until late 2022) successfully argued to keep the gold out of Maduro's control. The assets remain frozen despite the reported ousting

Foreign Secretary Yvette Cooper confirmed that the gold will stay in storage until a government is officially recognized by the UK.

Approximately 31 metric tons of gold bullion.

The UK maintains a "no recognition" stance to pressure for a democratic transition. ⏳ Recent Historical Context