INTERNATIONAL COURT OF JUSTICE: Venezuela insisted yesterday that a disputed region of Guyana was “fraudulently” taken in the 19th century, arguing that a 1966 agreement should finalise ownership of the territory.The court is holding a week of hearings on the Essequibo region, which is rich in gold, diamonds, timber and other natural resources and close to massive offshore oil deposits.An 1899 decision by British, Russian and US arbitrators drew the border largely in favour of Guyana.

INTERNATIONAL COURT OF JUSTICE: Venezuela insisted yesterday that a disputed region of Guyana was “fraudulently” taken in the 19th century, arguing that a 1966 agreement should finalise ownership of the territory.

The court is holding a week of hearings on the Essequibo region, which is rich in gold, diamonds, timber and other natural resources and close to massive offshore oil deposits.

An 1899 decision by British, Russian and US arbitrators drew the border largely in favour of Guyana.

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