With the government of Venezuela filing a legal case with the London High Court against the Bank of England recently I have decided to look at the Bank of England's history and specifically the period just before the outbreak of World War Two.
It's ironic that the Bank of England, under then-governor Montagu Norman, actually allowed the German government to confiscate Czechoslovakia's gold held in a BIS account at the Bank of England after Germany had invaded Czechoslovakia in 1928 but won't allow an UN-recognised government of Venezuela to access its gold.
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