![]() The businessman has been accused by anticorruption organizations like The Sentry and Global Witness of being a part of a “blood gold” trafficking network. Goetz Gold LLC is owned by gold tycoon Alain Goetz, who also founded the African Gold Refinery which was to process the load in Uganda. ![]() After its liberation, no track of the BCV stamped ingots were to be found. However, three weeks after the confiscation, the glitzing load processed by Goetz Gold LLC, a company of Belgian origin with headquarters in Dubai, was released by order of the Attorney General of Uganda with the consent of the President of Uganda, Yoweri Museveni. As they were not declared in Customs, the ingots were confiscated by the Ugandan police under suspicion of contraband. Valued at $300 million, these ingots were to be processed by the refinery African Gold Refinery Limited and sent afterwards to its final destination: Turkey. ![]() The ingots, dated from the 1940’s were part of the 7.4 tons of gold coming from Venezuela which arrived to the African nation on two different flights (one on March 1, the other on March 4) operated by the Russian owned Nordwind Airlines. In early March 2019, three thousand six hundred kilograms of gold ingots with stamped labels from the Central Bank of Venezuela (BCV for its acronym in Spanish) were retained at the Entebbe International Airport in Uganda, located around 6,866 miles away from Caracas. ![]()
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