mo4ch:>Bank of England refused to return $1.2bn in gold to Venezuela – reports | Mo4ch News

Britain rejected Venezuela’s request to withdraw $1.2bn in gold stored in the UK, according to reports. It was enough for the self-declared and US-backed ‘president’, Juan Guaido, to support the alleged move.The Bank of England blocked Venezuela’s attempts to retrieve $1.2 billion worth of gold stored as the nation’s foreign reserves in Britain, sources told Bloomberg on Friday.According to the media outlet, officials in Caracas have for weeks been trying to withdraw the gold, with Calixto Ortega, the head of Venezuela’s central bank, traveling to London in mid-December to seek access to the nation’s assets.The talks were “unsuccessful,” as US Secretary of State Mike Pompeo and the national security advisor to President Donald Trump, John Bolton, pressured their British counterparts to freeze the Venezuelan assets, Bloomberg reported, citing people familiar with the matter.By some estimates, Venezuela holds more than $8 billion in foreign reserves. According to earlier reports, the am…