Venezuela really, really wants its $550 million of gold back. And it's coming to the Bank of England to get it.
Reports say that Venezuelan officials are in London to meet with senior Bank of England staff over gold repatriation.
Venezuela is seeking to take back 16.5 tons of gold reserves currently held in the Bank of England's vaults.
Venezuelan finance minister Simon Zerpa, and central bank governor Calixto Ortega Sanchez are reportedly set to meet Bank of England Deputy Governor Dave Ramsden on Friday.
Britain's central bank is seeking "clarity" before returning the metal.
https://m.newstimes.com/technology/businessinsider/article/Venezuela-is-coming-to-get-its-550-million-of-13449385.php