Venezuela Seeks Return of $1.2 Billion Gold Stash from Bank of England

Venezuela's president, Nicolás Maduro, has requested that the Bank of England return a stash of gold worth around $1.2 billion to his country.

The move comes as Venezuela struggles with economic sanctions and hyperinflation, which have ravaged its currency and led to widespread poverty.

Maduro's government claims that the gold was seized by the UK in 2018 without proper justification, and is now seeking its return through diplomatic channels.

The Bank of England has not commented on the request, but experts say it could be a complex process due to international sanctions against Venezuela.