Bank of England Denies Venezuela Access to Gold Reserves to Fight Covid-19 Pandemic

Venezuela officially records only 1,121 coronavirus infections and ten deaths, but few believe the number is accurate.

RIO DE JANEIRO, BRAZIL - The Central Bank of Venezuela (BCV) has filed a lawsuit against the Bank of England (BoE) to force the sale of gold reserves worth approximately US$1.3 billion, to be used to curb the coronavirus pandemic.

In April, the BCV requested that the sale proceeds be transferred to the United Nations Development Programme (UNDP) to be administered by the UN and used to purchase supplies such as medical equipment to fight the . . .

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