Gold bars ‘swapped for painted lead bricks’ at Ukrainian bank in Odessa

If we look back at February of this year, we know the Ukrainian government was searching for $20 million in missing gold… What’s more, before that, witnesses said they watched unmarked U.S. transport planes take gold on board. However, as of this moment, it’s anyone’s guess where Ukraine’s gold has gone.


Gold bars held in a vault at a Ukrainian bank have been swapped for lead bricks covered in golden paint, it has emerged.

The Central Bank in the southern port city of Odessa was allegedly conned into buying the fake bullion by a member of staff, who used it to conceal the theft of the real bars.

The state’s Ministry of Internal Affairs has announced an investigation into the heist, which could involve up to 11kg of missing gold worth almost £270,000.

“The management of the central bank’s branch in Odessa asked us to investigate fraud by their employee,” Volodymyr Shablienko, head of the Odessa police’s press office, told Bloomberg News.“We are conducting a forensic audit now.”

A bank employee passed lead bars covered with golden paint to the storage unit, registering them as gold, Ukraine’s Vesti newspaper reported, adding that the suspect has fled to Crimea.

Full article: Gold bars ‘swapped for painted lead bricks’ at Ukrainian bank in Odessa (The Guardian)

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