Disputed Venezuelan Gold Worth $1.8b In Bank Of... May 2026

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

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. Disputed Venezuelan Gold Worth $1.8B in Bank of...

The dispute became a years-long legal "tug-of-war" in the London courts. Foreign Secretary Yvette Cooper confirmed that the gold

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 Britain continues to hold over in Venezuelan gold

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