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Bank Of England Urged To Hand Over Venezuela’s Gold To Guaidó

Guaidó has already written to Theresa May asking for the funds to be sent to him.

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Via Zerohedge


Just hours after The Bank of England refused to hand over $1.2 billion of Venezuela’s gold from its custody vaults (stored there after the completion of a gold-swap transcation with Deutsche Bank) to President Maduro (after heavy lobbying from US officials), The Guardian reports that a UK foreign office minister is now urging the same Bank of England to transfer the bullion to the self-proclaimed interim leader Juan Guaidó.

In a statement to British MPs, Sir Alan Duncan said the decision was a matter for the Bank and its governor, Mark Carney, and not the government. But he added:

“It is they who have to make a decision on this, but no doubt when they do so they will take into account there are now a large number of countries across the world questioning the legitimacy of Nicolás Maduro and recognising that of Juan Guaidó.”

Guaidó has already written to Theresa May asking for the funds to be sent to him.

The former chair of the foreign affairs select committee Crispin Blunt said the current Venezuelan central bank president was not legitimate, since he had not been appointed by the country’s national assembly.

Blunt has sent letters to the foreign secretary, Jeremy Hunt, and to the chancellor, Philip Hammond, urging a decision.

Notably, the reason the BoE initially gave for its initial refusal to release was due to its insistence that standard measures to prevent money-laundering be taken – “including clarification of the Venezuelan government’s intentions for the gold.”

“There are concerns that Mr. Maduro may seize the gold, which is owned by the state, and sell it for personal gain,” the newspaper said.

Separately, as we reported previously an official told Reuters that the repatriation plan has been held up for nearly two months due to difficulty in obtaining insurance for the shipment, needed to move a large gold cargo:

“They are still trying to find insurance coverage, because the costs are high,” an official told Reuters.

All of which appears to have suddenly been swept under the carpet now Guaidó has been installed.

Duncan said Hunt would be discussing the next steps in the European Union’s efforts to support Guaidó in Bucharest on Thursday.

However, it’s not a done deal yet as  shadow foreign secretary, Emily Thornberry, cautioned against a rush to oust Maduro:

“Judging by its record in recent years, the Maduro government fits none of those descriptions, but I would also believe that it is a mistake in situations like this simply to think that changing the leader will automatically solve every problem, let alone the kind of US-led intervention being threatened by Donald Trump and [the US national security adviser] John Bolton.

Nevertheless, with much of the Western world now backing Guaidó in his coup, it seems the gold bullion will be winging its way to The Assembly’s coffers very soon.

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Olivia KrothShaun RamewevethIntentYou can call me AL Recent comment authors
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Terry
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Terry

If this gold is sent, it will no doubt be placed in US hands “temporarily , and for safe keeping”.
As for other points , it appears the West now does not only refuse to recognise the Maduro government, but also the country’s Supreme Court and now the country’s Central Bank. Any recent mention by the West of supporting Venezuela’s sovereignty?

MIke
Guest
MIke

the country’s Supreme Court??? Its a big joke of Maduro’s friend! They even broke apart the legitimately elected National Assembly. Imagine the US supreme court declaring the lower chamber shut down? Now imagine the same in your country. The guy is a dictator and everyone knows it. But I agree that Russia and China should get their loans reimbursed.

Bjørn
Guest
Bjørn

Get your facts straight. The Venezuelan Supreme court deemed that 3 districts in the general election for the national assembly had to have a revote due to irregularities. The National Assembly refused – thus forcing the Supreme Court to disband the assembly. Analogue would be kongress refusing to comply with a US Supreme Court ruling. National assembly overplayed their hand and acted unconstitutionally.

rmm
Guest
rmm

The young fellow – he’s just 35 – is just a puppet, not a dictator. He does what he’s told. Trump wants that gold, and the UK concurs, so the little chappie asks for it.

Kaput
Member

he will soon vanish………….. evaporated………..

Olivia Kroth
Guest

TELESUR reports that the Prosecutor of Venezuela has initiated a preliminary investigation against opposition activist Guaidó for his responsibility in the events that “have damaged the peace of the Republic, the economy and the national patrimony.”

He is implicated in the violent protests resulting in death, as well as in coercive measures carried out by the United States (US) against Venezuela, the prosecutor explained. All of these occurred during January of this year.

The Prosecutor of Venezuela asks for precautionary measures against Guaido: prohibition of leaving the country, freezing of his accounts, seizure of his possessions in the country.

https://www.telesurtv.net/news/venezuela-fiscalia-juan-guaido-investigacion-medidas-cautelares-20190129-0020.html

Olivia Kroth
Guest

Meanwhile the Russian State News Channel “Rossija 1” also reports that a court in Venezuela has banned opposition leader Juan Guaido from traveling outside the republic and decided to block access to his bank accounts. Warrants for his detention do not yet exist. And Russia’s “Ruptly” reports the same: “Venezuela’s Supreme Court banned opposition leader Juan Guaido from leaving the country and froze his bank accounts at a session in Caracas on Tuesday. The head of the National Assembly is “prohibited from leaving the country without authorisation” until an investigation is completed, court president Maikel Moreno said. The Supreme Court,… Read more »

Olivia Kroth
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You can call me AL
Guest
You can call me AL

Put a picture of him, next to Macron and Trudeau; any similarities ?. This latest coup is about the oil, saving the petro$, the buying out (for peanuts) or the taking of PVDSA, stopping the growing Venezuelan relationship with Russia and China, in debiting Venezuela to take out IMF loans – then it is another puppet government in the horror bag of the US. It is shocking and against all International laws.

Olivia Kroth
Guest

$840M in gold bars prepared for loading onto Russian jet at Venezuelan airport: report

https://www.foxnews.com/world/russian-plane-in-venezuela-takes-20-tons-of-gold-flies-to-unknown-location-lawmaker-claims

About 20 tons of gold from Venezuela’s central bank was ready to be hauled away Tuesday on a Russian airline’s Boeing 777 that landed in Caracas a day earlier, a Venezuelan lawmaker wrote on Twitter.

Noticias Venezuela, a news outlet in the country, posted a photo of what it identified as a Nordwind Airlines plane from Moscow that made the trip with two crews aboard.

You can call me AL
Guest
You can call me AL

Thanks for the news. Surprisingly, I am split on this, until I have proof of reasons. If this is gold for financial / military / economic support, Russia would drop in my ratings, if this was protection of their own gold, Russia would still stay at 100, but I’ll chick in a star.

We’ll see.

Olivia Kroth
Guest

We’ll probably never know why the gold was transported from Venezuela to Russia. It will remain a well-guarded state secret.

veth
Guest
veth

Russians love to steal

Olivia Kroth
Guest

Under President Hugo Chavez all of Venezuela’s gold was retrieved from London back home. The news media reported about it at length.

I wonder why his successor, President Nicolas Maduro of Venezuela, gave his country’s gold to the treacherous Bank of England again? That was not very clever or cautious. Now he will have trouble getting it back, as the British are well-known thieves. They have a long history of exploiting colonial countries, and they are treating Venezuela as such.

MIke
Guest
MIke

You mean Maduro will have trouble stealing the gold for himself has he and Chavez have been doing for so long! Talk with Venezuelan people before drinking the free kool-aid served by your pro-russian media.

Kaput
Member

what is the difference between them all then ?????? Maduro is a babe compared to the roths lol JUst please have the courage to spell it out……………………. the petrodollar is toilet paper…….. get my drift ????? no more green garbage from most part of the entire world…. the ones that matter obviously. Get youself a good German car……….. before you go broke.

You can call me AL
Guest
You can call me AL

Rothschild. Is that a banned word on here ?; well, let’s find out.

cstahnke
Guest
cstahnke

This is not about asking some folks here and there. Elections, according to European observers since Chavez came to power have been very clean, particularly if compared to the USA. That’s where the people choose their leaders in democracies. The rich in Venezuela who support US favorable policies appear to not have much popular support. At any rate, it is a violation of international law to steal money from a legitimate government or to intervene in overthrowing a gov’t not that has stopped the US from instigating dozens of coups and military invasions.

Shaun Ramewe
Guest
Shaun Ramewe

That’s funny – if Chavez and Maduro had stolen it (kind of hard for the latter if the former already had) then why is it with the Bank of England??

Olivia Kroth
Guest

I know that Hugo Chavez did not trust the Bank of England at all. He hauled all of Venezuela’s gold back home and stored it in the vaults of Bank of Venezuela in Caracas, while he was alive.

After his death, Nicolas Maduro continued his policies. Therefore I find it astounding to read in the latest news that the Bank of England has Venezuelan gold. I thought it was all in Caracas and that Maduro kep it there.

Strange ….

Sally Snyder
Guest
Sally Snyder

As shown in this article, there is one key reason why Washington pays any attention to what happens in Venezuela:

https://viableopposition.blogspot.com/2019/01/why-washington-cares-about-venezuela.html

While the United States is currently experiencing an oil production windfall, the high decline rates of non-conventional oil production (i.e. fracking/horizontal drilling) will ultimately result in a very significant need for additional imports of oil.

Kaput
Member

finally someone with brains………… not only the oil, gold, the Amazon etc…………. but the petrodollar being doomed. Also Marguerita is such a magnificent place for the boyes…… even the girlies are cute, not big fat sausages.

Gio Con
Guest
Gio Con

One unelected stooge asking another unelected stooge to commit theft of the Venezuelan people.

AM Hants
Member
AM Hants

WTF is going on. Who voted him in? Usual regime change crowd. Cannot see the Bank of England handing over the gold. There again the first thing that happens during the regime change programme. the gold disappears. Just like in Ukraine, Libya and so many other nations.

Feudal Peasant
Guest

This would be insane.

Cap
Guest
Cap

Questions Where is Libya’s gold? Will the Venezuela gold be transferred there too?

Olivia Kroth
Guest

Yes! It will be transferred into the pockets of some rich neocons.

Olivia Kroth
Guest

The Bank of England cannot hand over Venezuela’s gold to Guaido because it will be confiscated right away by the Venezuelan Government. So the gold will stay in the Bank of England vaults, where some British vultures will help themselves …

Intent
Guest
Intent

What the??? A number of Countries “questioning” the legitimacy of some other countries duly and officially elected President? Exactly what does it take to “question”? Under whose authority does “questioning” become “official” enough to override internal sovereignty of a community memeber of the UN? As far as I can see it isn’t President Maduro, as a personal individual, who has demanded the return delivery of Venezueala’s gold. It is an Official demand of the depositor of record, The Country of Venezuela! To distribute the material to anyone but the Government of Venezuela (National Bank of Venezuela NOT some private cartel… Read more »

Shaun Ramewe
Guest
Shaun Ramewe

A totally corrupt and illegal act – the Bank of England deserves to go down if it engages in such a traitorous deed.

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Is this man the puppet master of Ukraine’s new president or an overhyped bogeyman?

Smiling to himself, Kolomoisky would be within his rights to think that he has never had it so good.

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It doesn’t actually matter if Ukrainian-Israeli billionaire Igor Kolomoisky is the real power behind Volodymyr Zelensky – the president elect has to get rid of the oligarch if he is to make a break with the country’s corrupt past.

The plots, deceits and conflicts of interest in Ukrainian politics are so transparent and hyperbolic, that to say that novice politician Zelensky was a protégé of his long-time employer was not something that required months of local investigative journalism – it was just out there.

Zelensky’s comedy troupe has been on Kolomoisky’s top-rated channel for the past eight years, and his media asset spent every possible resource promoting the contender against incumbent Petro Poroshenko, a personal enemy of the tycoon, who hasn’t even risked entering Ukraine in the past months.

Similarly, the millions and the nous needed to run a presidential campaign in a country of nearly 50 million people had to come from somewhere, and Kolomoisky’s lieutenants were said to be in all key posts. The two issued half-hearted denials that one was a frontman for the other, insisting that they were business partners with a cordial working relationship, but voters had to take their word for it.

Now that the supposed scheme has paid off with Zelensky’s spectacular victory in Sunday’s run-off, Ukrainian voters are asking: what does Kolomoisky want now, and will he be allowed to run the show?

‘One-of-a-kind chancer’

Born in 1963, in a family of two Jewish engineers, Kolomoisky is the type of businessman that was once the staple of the post-Soviet public sphere, but represents a dying breed.

That is, he is not an entrepreneur in the established Western sense at all – he did not go from a Soviet bloc apartment to Lake Geneva villas by inventing a new product, or even setting up an efficient business structure in an existing field.

Rather he is an opportunist who got wealthy by skilfully reading trends as the Soviet economy opened up – selling Western-made computers in the late 1980s – and later when independent Ukraine transitioned to a market economy and Kolomoisky managed to get his hands on a large amount of privatisation vouchers that put many of the juiciest local metals and energy concerns into his hands, which he then modernised.

What he possesses is a chutzpah and unscrupulousness that is rare even among his peers. Vladimir Putin once called him a “one-of-a-kind chancer” who managed to “swindle [Chelsea owner] Roman Abramovich himself.” In the perma-chaos of Ukrainian law and politics, where all moves are always on the table, his tactical acumen has got him ahead.

Kolomoisky’s lifeblood is connections and power rather than any pure profit on the balance sheet, though no one actually knows how that would read, as the Privat Group he part-owns is reported to own over 100 businesses in dozens of Ukrainian spheres through a complex network of offshore companies and obscure intermediaries (“There is no Privat Group, it is a media confection,” the oligarch himself says, straight-faced.)

Unsurprisingly, he has been dabbling in politics for decades, particularly following the first Orange Revolution in 2004. Though the vehicles for his support have not been noted for a particular ideological consistency – in reportedly backing Viktor Yushchenko, then Yulia Tymoshenko, he was merely putting his millions on what he thought would be a winning horse.

Grasp exceeds reach

But at some point in the post-Maidan euphoria, Kolomoisky’s narcissism got the better of him, and he accepted a post as the governor of his home region of Dnepropetrovsk, in 2014.

The qualities that might have made him a tolerable rogue on TV, began to grate in a more official role. From his penchant for using the political arena to settle his business disputes, to creating his own paramilitary force by sponsoring anti-Russian battalions out of his own pocket, to his somewhat charmless habit of grilling and threatening to put in prison those less powerful than him in fits of pique (“You wait for me out here like a wife for a cheating husband,” begins a viral expletive-strewn rant against an overwhelmed Radio Free Europe reporter).

There is a temptation here for a comparison with a Donald Trump given a developing country to play with, but for all of the shenanigans, his ideological views have always been relatively straightforward. Despite his Russia-loathing patriotism, not even his fans know what Kolomoisky stands for.

The oligarch fell out with fellow billionaire Poroshenko in early 2015, following a battle over the control of a large oil transport company between the state and the governor. The following year, his Privat Bank, which at one point handled one in four financial transactions in the country was nationalized, though the government said that Kolomoisky had turned it into a mere shell by giving $5 billion of its savings to Privat Group companies.

Other significant assets were seized, the government took to London to launch a case against his international companies, and though never banished, Kolomoisky himself decided it would be safer if he spent as long as necessary jetting between his adopted homes in Switzerland and Tel Aviv, with the occasional trip to London for the foreseeable future.

But the adventurer falls – and rises again. The London case has been dropped due to lack of jurisdiction, and only last week a ruling came shockingly overturning the three-year-old nationalization of Privat Bank.

Smiling to himself, Kolomoisky would be within his rights to think that he has never had it so good.

Own man

Zelensky must disabuse him of that notion.

It doesn’t matter that they are friends. Or what handshake agreements they made beforehand. Or that he travelled to Geneva and Tel-Aviv 13 times in the past two years. Or what kompromat Kolomoisky may or may not have on him. It doesn’t matter that his head of security is the man who, for years, guarded the oligarch, and that he may quite genuinely fear for his own safety (it’s not like nothing bad has ever happened to Ukrainian presidents).

Volodymyr Zelensky is now the leader of a large country, with the backing of 13.5 million voters. It is to them that he promised a break with past bribery, graft and cronyism. Even by tolerating one man – and one who makes Poroshenko look wholesome – next to him, he discredits all of that. He will have the support of the people if he pits himself against the puppet master – no one would have elected Kolomoisky in his stead.

Whether the oligarch is told to stay away, whether Ukraine enables the financial fraud investigation into him that has been opened by the FBI, or if he is just treated to the letter of the law, all will be good enough. This is the first and main test, and millions who were prepared to accept the legal fiction of the independent candidate two months ago, will now want to see reality to match. Zelensky’s TV president protagonist in Servant of the People – also broadcast by Kolomoisky’s channel, obviously, would never have compromised like that.

What hinges on this is not just the fate of Zelensky’s presidency, but the chance for Ukraine to restore battered faith in its democracy shaken by a succession of compromised failures at the helm.

Igor Ogorodnev

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Roger Waters – The People’s Champion for Freedom

In February 2019, Waters showed his support for the Venezuelan Maduro government and continues to be totally against US regime change plans there.

Richard Galustian

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Submitted by Richard Galustian 

Roger Waters is one of Britain’s most successful and talented musicians and composers but more importantly is an outstanding champion for freedom in the world, beyond compare to any other artist turned political activist.

By way of background, he co-founded the rock band Pink Floyd in 1965.

A landmark turning point of his political activism occurred in 1990, when Waters staged probably the largest rock concert in history, ‘The Wall – Live in Berlin’, with an attendance of nearly half a million people.

In more recent years Waters famously narrated the 2016 documentary ‘The Occupation of the American Mind: Israel’s Public Relations War in the United States’ about the insidious influence of Zionist Israel to shape American public opinion.

Waters has been an outspoken critic of America’s Neocons and particularly Donald Trump and his policies.

In 2017, Waters condemned Trump’s plan to build a wall separating the United States and Mexico, saying that his band’s iconic famous song, ‘The Wall’ is as he put it “very relevant now with Mr. Trump and all of this talk of building walls and creating as much enmity as possible between races and religions.”

In February 2019, Waters showed his support for the Venezuelan Maduro government and continues to be totally against US regime change plans there, or any place else for that matter.

Here below is a must see recent Roger Waters interview, via satellite from New York, where he speaks brilliantly, succinctly and honestly, unlike no other celebrity, about FREEDOM and the related issues of the day.

The only other artist turned activist, but purely for human rights reasons, as she is apolitical, is the incredible Carla Ortiz.

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ISIS Says Behind Sri Lanka Bombings; Was ‘Retaliation’ For New Zealand Mosque Massacre

ISIS’s claim couldn’t be confirmed and the group has been  known to make “opportunistic” claims in the past, according to WaPo. 

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Via Zerohedge…


Shortly after the death toll from Sunday’s Easter bombings in Sri Lanka climbed above the 300 mark, ISIS validated the Sri Lankan government’s suspicions that a domestic jihadi organization had help from an international terror network while planning the bombings were validated when ISIS took credit for the attacks.

The claim was made via a report from ISIS’s Amaq news agency. Though the group has lost almost all of the territory that was once part of its transnational caliphate, ISIS now boasts cells across the Muslim world, including in North Africa and elsewhere. Before ISIS took credit for the attack, a Sri Lankan official revealed that Sunday’s attacks were intended as retaliation for the killing of 50 Muslims during last month’s mass shooting in Christchurch, New Zealand.

However, the Sri Lankan government didn’t offer any evidence for that claim, or the claim that Sunday’s attacks were planned by two Islamic groups (though that now appears to have been substantiated by ISIS’s claim of responsibility). The group is believed to have worked with the National Tawheed Jamaath, according to the NYT.

“The preliminary investigations have revealed that what happened in Sri Lanka was in retaliation for the attack against Muslims in Christchurch,” State Minister of Defense Ruwan Wijewardene told the Parliament.

Meanwhile, the number of suspects arrested in connection with the attacks had increased to 40 from 24 as of Tuesday. The government had declared a national emergency that allowed it sweeping powers to interrogate and detain suspects.

On Monday, the FBI pledged to send agents to Sri Lanka and provide laboratory support for the investigation.

As the death toll in Sri Lanka climbs, the attack is cementing its position as the deadliest terror attack in the region.

  • 321 (as of now): Sri Lanka bombings, 2019
  • 257 Mumbai attacks, 1993
  • 189 Mumbai train blasts, 2006 166 Mumbai attacks, 2008
  • 151 APS/Peshawar school attack, 2014
  • 149 Mastung/Balochistan election rally attack, 2018

Meanwhile, funeral services for some of the bombing victims began on Tuesday.

Even before ISIS took credit for the attack, analysts told the Washington Post that its unprecedented violence suggested that a well-financed international organization was likely involved.

The bombings on Sunday, however, came with little precedent. Sri Lanka may have endured a ghastly civil war and suicide bombings in the past – some credit the Tamil Tigers with pioneering the tactic – but nothing of this scale. Analysts were stunned by the apparent level of coordination behind the strikes, which occurred around the same time on both sides of the country, and suggested the attacks carried the hallmarks of a more international plot.

“Sri Lanka has never seen this sort of attack – coordinated, multiple, high-casualty – ever before, even with the Tamil Tigers during the course of a brutal civil war,” Alan Keenan, a Sri Lanka expert at the International Crisis Group, told the Financial Times. “I’m not really convinced this is a Sri Lankan thing. I think the dynamics are global, not driven by some indigenous debate. It seems to me to be a different kind of ballgame.”

Hinting at possible ISIS involvement, US Secretary of State Mike Pompeo said during a Monday press conference that “radical Islamic terror” remained a threat even after ISIS’s defeats in Syria.

Of course, ISIS’s claim couldn’t be confirmed and the group has been  known to make “opportunistic” claims in the past, according to WaPo. The extremist group said the attacks were targeting Christians and “coalition countries” and were carried out by fighters from its organization.

Speculation that the government had advanced warning of the attacks, but failed to act amid a power struggle between the country’s president and prime minister, unnerved citizens and contributed to a brewing backlash. Following the bombings, schools and mass had been canceled until at least Monday, with masses called off “until further notice.”

 

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