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      <font size="1"><a href="https://www.telesurenglish.net/news/UK-Appeal-Court-Removes-Guaidos-Access-to-Venezuelan-Gold-20201005-0002.html">https://www.telesurenglish.net/news/UK-Appeal-Court-Removes-Guaidos-Access-to-Venezuelan-Gold-20201005-0002.html</a>
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      <h1 class="gmail-reader-title">UK Appeal Court Removes Guaido's Access to Venezuelan Gold</h1>
      October 5, 2020
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                                                <p>The United Kingdom 
Court of Appeals Monday annulled the decision that granted opposition 
lawmaker Juan Guaido control of 31 tons of gold that Venezuela has 
deposited in England.</p>                                                 
                                        
                                                                
                                            
                                                 
                                                
                                                 
<p>In September, Venezuela filed an appeal against the decision of the 
British High Court that prevented President Nicolas Maduro's 
administration from accessing monetary reserves valued at more than US$1
 billion, which are deposited in the Bank of England in London.</p>                                                       
                                        
                                                                
                                            
                                                 
                                                
                                                <p>Previously, in July, 
High Court Judge Nigel Teare granted self-proclaimed president Guaido 
control of those monetary reserves, arguing that the United Kingdom 
recognized him as the "president in charge" of Venezuela.</p>                                                   
                                        
                                                                
                                            
                                                 
                                                
                                                <p>Once Judge Teare's 
decision was known, the Central Bank of Venezuela (BCV), chaired by 
Calixto Ortega, reported that it would immediately appeal this decision,
 which it classified as "absurd and unusual."</p>                                                       
                                        
                                                                
                                            
                                                 
                                                
                                                 
<p>On Monday, in his ruling on this case, Judge Stephen Males said that 
the U.K.’s recognition “is to my mind ambiguous, or at any rate less 
than unequivocal,” as reported by Bloomberg.</p>                                                        
                                        
                                                                
                                            
                                                 
                                                
                                                <p>Sarosh Zaiwalla, a 
lawyer for the President Maduro-appointed central bank, commented that 
the previous decision of a British lower court was not correct as it 
granted control of the monetary reserves to "a group of people living 
outside of Venezuela, to whom the Venezuela's Constitutional Court had 
already ruled that they had no legal authority."</p>                                                       
                                        
                                                                
                                            
                                                 
                                                
                                                <p>"The Court of Appeal 
has now... ordered that this important matter receive further 
consideration," he added, referring to the decision of the judges that 
an investigation be carried out to determine factually what the 
diplomatic relations existing between the United Kingdom and Venezuela 
are.</p>                                                  
                                        
                                                                
                                            
                                                 
                                                
                                                                                                        
                                                                                                                                                                                        
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