Venezuelan President Nicolas Maduro has been illegally
exporting tons of his country’s gold to Turkey in a bid to rescue a collapsing
economy once bolstered by his country’s vast oil reserves, a top U.S. official
said Wednesday. Marshall Billingslea, the U.S. Treasury’s assistant secretary
for terrorist financing, said Maduro is “looting” his country’s gold in a new
strategy to replace Venezuela’s failing state-run oil company, PDVSA. Maduro’s
government in recent months has shipped more than 21 metric tons of gold mostly
to Turkey without approval from the opposition-controlled National Assembly,
Billingslea said. More… 
Thursday, October 25, 2018
US official: Maduro ‘looting’ Venezuela’s gold amid crisis
Venezuelan President Nicolas Maduro has been illegally
exporting tons of his country’s gold to Turkey in a bid to rescue a collapsing
economy once bolstered by his country’s vast oil reserves, a top U.S. official
said Wednesday. Marshall Billingslea, the U.S. Treasury’s assistant secretary
for terrorist financing, said Maduro is “looting” his country’s gold in a new
strategy to replace Venezuela’s failing state-run oil company, PDVSA. Maduro’s
government in recent months has shipped more than 21 metric tons of gold mostly
to Turkey without approval from the opposition-controlled National Assembly,
Billingslea said. More… 
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