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July 14, 2022
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New trial begins for control of gold

New trial begins for control of gold

Judge Sara Cockerill, of the London Commercial Court, will hear the arguments and witnesses of both parties

The United Kingdom justice began the review process on Wednesday to decide whether to accept the ruling of the Supreme Court of Justice (TSJ) of the long dispute between President Nicolás Maduro and the opposition Juan Guaidó in relation to the control of deposited gold reserves at the Bank of England.

Richard Lissack, defense attorney for the Venezuelan government, indicated that “it is not a trial on the entire Venezuelan judicial system, but only on five decisions. It is about half of Venezuelan reserves abroad.”

He denounced that if control is given to the opposition, “the funds would be lost for the Venezuelan people.”

Judge Sara Cockerill, of the London Commercial Court, in this process that is resumed, will hear the arguments and witnesses of both parties in a four-day trial that will end next Monday.

In this sense, the president of the Central Bank of Venezuela (BCV), Calixto Ortega, traveled to London to witness the trial, after obtaining a diplomatic visa that, according to lawyer Lissack, reinforces his legitimacy as the official representative of the BCV.

As will be remembered, the recovery of the 32 tons of gold has been presented since 2019.

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