• Deposits: Maduro or Guaidó? British justice examines who represents the Venezuelan people
  • Litigation: Spain becomes the focus of a millionaire fight between Juan Guaidó and Nicolás Maduro

Historical judgment of the High Court of Justice of Great Britain in favor of the democratic opposition of Venezuela. Judge Nigel Teare has ruled this Thursday that the 30 tons of gold in dispute, more than $ 1 billion of Venezuela's international reserves deposited with the Bank of England, are now under the authority of the interim president, Juan Guaidó.

"The British Government recognizes Mr. Guaidó in the capacity of interim constitutional president of Venezuela and by virtue of the one-voice doctrine the court must accept that statement as unequivocal," said Judge Teare.

In this way, the opposition deals a forceful blow against the revolution, which had claimed gold in a lawsuit filed weeks ago. London Gold Bars is part of the asset recovery litigation launched by the democratic Parliament against the government of Nicolás Maduro, which is not recognized by the democracies of Europe or the majority of the American continent. At stake, more than 20,000 million dollars , including the 30 million in dispute in Spain, coming from the funds of the Corporación Venezolana de Guayana (CVG) abroad.

The British opinion thus recognizes the board appointed by Guaidó, headed by Ricardo Villasmil, to the detriment of Calixto Ortega, Maduro's man at the Central Bank of Venezuela (BCV), who will appeal the sentence. Chavismo claimed in its lawsuit that it wanted to invest this money in the fight against the pandemic, although since coming to power 21 years ago it has been the biggest embezzlement in history: more than 500,000 million dollars have disappeared from its coffers in the midst of the oil boom .

The ruling also directly influences another lawsuit, which has been around Deutsche Bank's 120 million since last year.

The support of the 'premier', Boris Johnson, to the Venezuelan democratic cause is manifest and public, he even gave Guaidó his personal accolade during the European tour in January.

"Thank God! We have won this battle!" Javier Troconis, commissioner of the Presidency for Asset Management and Recovery, confirmed to EL MUNDO.es. The Guaidó team, led by Troconis, has so far managed to block $ 20,000 in London, the US, Portugal, Bolivia, Uruguay, Andorra, Switzerland, Spain and other countries. They face not only the legion of lawyers for the revolution, which usually hires the most expensive law firms, but also against the creditors that Chavismo has left behind after years of debt and defaults .

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Know more

  • Venezuela
  • Nicolás Maduro
  • Juan Guaidó
  • Spain
  • Portugal
  • Andorra
  • Bolivia
  • Uruguay
  • Boris Johnson
  • Europe
  • UK

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