U.S. Treasury seems to consider gold to be money after all

Section:

U.S. Sanctions Venezuela's Government-Owned Gold-Mining Company for Backing Maduro

By Lesley Wroughton, Susan Heavey, and Doina Chiacu
Reuters
Tuesday, March 19, 2019

WASHINGTON -- The United States imposed sanctions on Tuesday against Venezuela's state-run gold mining company Minerven and its president, Adrian Perdomo, accusing them of illicit operations and propping up the government of President Nicolas Maduro.

The announcement comes days after Uganda said it was investigating its biggest gold refinery for importing Venezuelan gold. Washington has imposed half a dozen rounds of sanctions against Maduro and senior Venezuelan officials as it tries to choke off funding to the government. It has warned gold traders not to deal in Venezuelan gold or oil.

... Dispatch continues below ...



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"Treasury is targeting gold processor Minerven and its president for propping up the inner circle of the corrupt Maduro regime," U.S. Treasury Secretary Steven Mnuchin said in a statement. ...

... For the remainder of the report:

https://www.reuters.com/article/us-venezuela-politics-usa-sanctions/u-s-...

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