Is Russia taking custody of 20 tonnes of ally Venezuela's gold?

Section:

Venezuela Has 20 Tons of Gold Ready to Ship, Address Unknown

By Patricia Laya and Andrew Rosati
Bloomberg News
Tuesday, January 30, 2019

Venezuelan lawmaker Jose Guerra dropped a bombshell on Twitter today: The Russian Boeing 777 that had landed in Caracas the day before was there to spirit away 20 tons of gold from the vaults of the country's central bank.

The claim set off a welter of social media speculation and outrage. When asked how he knew this, Guerra provided no evidence.

Just another outlandish comment from a lawmaker trying to draw attention to the plight of crisis-torn Venezuela?

... Dispatch continues below ...



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Perhaps not. For one thing, Guerra is a former central bank economist who remains in touch with old colleagues there. For another, a person with direct knowledge of the matter told Bloomberg News that 20 tons of gold have been set aside in the central bank for loading. Worth some $840 million, the gold represents about 20 percent of its holdings of the metal in Venezuela, the person said. He provided no further information on plans for those bars. ...

... For the remainder of the report:

https://www.bloomberg.com/news/articles/2019-01-30/venezuela-has-20-tons...

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