Argentine gold at risk due to bullion movement to England

Several trucks with at least 1,500 ingots worth approximately 250 million dollars left the headquarters of the Central Bank on their way to Ezeiza International Airport
Internet

Published at: 19/08/2024 04:38 PM

In the midst of two active lawsuits that Argentina has abroad, one for the nationalization of YPF and the other because of the GDP Coupon (Gross Domestic Product), the government of the extreme right Javier Milei takes gold out of the country bound for England, without giving details.

According to information from Argentine media, it became known that the Milei government, for the fifth time in less than three months, removed reserves in gold ingots from the nation that were stored in the vaults of the Central Bank of the Republic of Argentina.

Several trucks with at least 1,500 ingots worth approximately 250 million dollars left the headquarters of the Central Bank on their way to Ezeiza International Airport, the operation was revealed through local sources, without explanation from the Casa Rosada.

Criminal actions against Argentina put the country's gold reserves at risk, because if international justice so decides, those ingots, which are assets and safeguards of the national State, could be seized.

Mazo News Team

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