A London court next month will hold hearings in a dispute between Venezuela’s government and opposition over control of gold held in the Bank of England.
The case at the highest court in the land is between the Central Bank of Venezuela (BCV) and the administration set up by Venezuelan opposition leader Juan Guaidó, who challenges the authority of the BCV board to deal with Venezuela’s overseas assets.
After a loss in the Court of Appeal, Guaidó is seeking to overturn a judgment that found that both the incumbent Venezuelan President Maduro and Guaidó could be recognised by the UK government in different capacities.
The Supreme Court hearing is scheduled for 19 July, and permission has now been granted for the Foreign Secretary Dominic Raab’s legal representatives to make submissions regarding the case before the case at the highest court begins.