Venezuela Removed 8 Tons of Central Bank Gold Last Week

Venezuela Removed 8 Tons of Central Bank Gold Last Week
A Colombian soldier patrols the area around the the Simon Bolivar International Bridge in Cucuta, Colombia, on the border with Venezuela on Feb. 26, 2019. The Colombian government closed the area at least until midnight. RAUL ARBOLEDA/AFP/Getty Images
Bowen Xiao
Bowen Xiao
Reporter
|Updated:

Venezuela’s central bank removed at least 8 tons of gold from their vaults last week, multiple sources told Reuters.

The gold was removed between Feb. 20 and Feb. 22 using government vehicles when no security guards were present, legislator Angel Alvarado and three other government sources said. The removal is the latest attempt by illegitimate leader Nicolás Maduro to raise hard currency amid tightening sanctions and is an indication that the embattled dictator is getting desperate.

Bowen Xiao
Bowen Xiao
Reporter
Bowen Xiao was a New York-based reporter at The Epoch Times. He covers national security, human trafficking and U.S. politics.
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