
The UK High Court has ruled that the country recognises Juan Guaido asVenezuela's President, instead ofNicolas Maduro.
The ruling was made in the case ofwho controls Venezuela'sgold reserves stored in London.High court judge Nigel Teare handed down the judgement on Thursday.
The judgement states that British government had formally recognised Guaido as the constitutional interim President of Venezuela.
It has also been added that considering the ‘One Voice’ and ‘Act of State’ doctrines, the British High Court is precluded from investigating the validity of Guaido's acts.
Guaido, the opposition leader, back in 2019 had used his position ofhead of Parliament to challenge Maduro's authority by declaring himself acting president after the National Assembly deemed the socialist leader a usurper over his controversial re-election in 2018 in a poll widely branded fraudulent.
Since then, he is recognised as Venezuela's interim president by more than 50 nations, including the UK, the United States and much of the European Union.
This decision came few days afterVenezuela President Nicolas Maduro issued a notice to theEuropean Union mission in Caracas, Isabel Brilhante Pedrosa, 72 hours to leave the country after the bloc announced sanctions against 11 Venezuelan officials.