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Euronews
Euronews
Una Hajdari

Flight of the bullions: Why did Maduro move gold to Switzerland?

Ten years ago, Venezuela secretly shipped gold worth almost 4.7 billion Swiss francs (€5.05bn) from the South American country's reserves with the intention of melting it down and selling it internationally.

Over a period of five years, Venezuela airlifted 127 tonnes of gold to Switzerland, which was later traced by Swiss customs who register and report all imports and exports to the country.

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