Venezuela wants its gold back from the Bank of England

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Lerato Khumalo

The Venezuelan government and opposition announced that they will make efforts to return $4 billion worth of gold in the Bank of England’s safe.

According to the news in the Financial Times, since 2018, the UK has refused to recognize the Venezuelan government and blocked access to 31 tons of gold stored in the Bank of England vaults.

At this point today, the US-backed government and the opposition made a joint decision to request the return of the hidden gold.

In the joint statement made by Venezuela and its government, it was stated that the gold in question would be used to heal the earthquake wounds. 6 thousand people died in the earthquake.