Venezuela under Maduro shipped gold worth $5.2 billion to Switzerland
Venezuela sold 113 metric tons of central bank gold worth $5.20 billion to Switzerland from 2013 to 2016 to support its economy amid sanctions, customs data shows.
- Venezuela exported gold worth nearly 4.14 billion Swiss francs to Switzerland from 2013 to 2016 during the early years of Nicolás Maduro's leadership, according to customs data reviewed by Reuters.
- Maduro was seized by U.S. special forces on January 3, and faces charges in a New York court including drug trafficking and narco-terrorism.
- Switzerland ordered the freezing of assets held by Maduro and 36 associates, but did not provide information on the value or source of the assets, as reported by Reuters.
- Gold exports to Switzerland from Venezuela ceased in 2017, following European Union sanctions imposed on Venezuelan individuals for human rights violations, according to customs data.
29 Articles
29 Articles
Customs data revealed that Venezuela transported gold worth almost 4,140 million Swiss francs (5,2 million dollars) to Switzerland during the first years of Nicolás Maduro’s term of office. Read more]]>
Venezuela transferred gold worth almost 4.14 billion Swiss francs (about $5.20 billion) to Switzerland during the first years of ousted President Nicolas Maduro's rule, customs data show.
Venezuela has transported gold in the value of nearly 4.14 billion French francs (5.20 billion dollars) in Switzerland in the first year of President Nicolas Maduro's mandate, showing the customs data.
They reveal that in the first years of the government of Nicolás Maduro Venezuelan gold was sent to Switzerland with an approximate value of more than 93 million pesos.Probably the Venezuelan gold was transferred to Switzerland for processing, certification and subsequent transport.Rhona O’Connell, a market analyst at StoneXAccording to information collected from customs, the shipment of gold stopped between 2017 and 2025, apparently due to sanc…
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