Venezuela Says Bank of England Is Refusing to Release Gold It Needs to Fight COVID-19

A man stands outside the Royal Exchange in front of the Bank of England in a near-deserted City of London, England, on March 30, 2020. Tolga Akmen/AFP/Getty Images

Venezuela’s central bank is suing the Bank of England to access gold reserves that would help it cope with the CCP virus pandemic.

The Bank of England had “refused to confirm” that it will give Venezuela access to €930 million ($1 billion) worth of gold held on its behalf, according to papers filed in London’s High Court last week.