Colombia: FARC gold to restore victims was auctioned for nearly 12 million {dollars}

There have been greater than 200,000 grains of the dear steel. It was purchased by an English firm.

Greater than 200,000 grams of positive gold of the previous FARC guerrillas had been auctioned this Tuesday for 11.9 million {dollars}, cash that will probably be used to restore the victims of the Colombian battle and to applications towards organized crime, reported the Particular Belongings Society (SAE).

On the public sale, 197,286 grams of gold delivered by the FARC had been bought for 11.28 million {dollars}, whereas one other 10,904 grams belonging to area extinction processes had been traded for a price of 623,769 {dollars}.

“We exceed expectations in 10,000 million pesos, complying with the Havana (peace) agreements and for the reparation of victims, “stated the president of the SAE, Andrés Ávila.

Gold bought at a public public sale is a part of the commitments to restore the victims of the armed battle agreed by the FARC within the peace settlement signed in November 2016 with the Colombian Authorities.

The bid for the steel was received by the English firm Condor Companions Restricted after the digital public sale course of that was carried out utilizing specialised software program.

As defined by the SAE, within the public sale there have been six units of worldwide firms and as soon as the worth of the gold is consigned, it is going to be despatched to London for supply.

The cash will probably be transferred to the Autonomous Heritage and from there to the Victims Unit, an establishment accountable for delivering assets to the victims of the FARC, and to the Fund for Rehabilitation, Social Funding and Battle towards Organized Crime (Frisco).

Solely worldwide firms may take part within the public sale with a purpose to keep away from cash laundering operations, experiences the Colombian newspaper The viewer. Some firms from the USA, Italy, India, the UK or the United Arab Emirates, had proven curiosity in bidding for gold.

In accordance with the provisions of the regulation, the cash that reaches the Frisco is invested in applications to struggle organized crime, strengthening justice and social funding in Colombia.

The record of products that the FARC gave to the UN Mission in Colombia in 2017 raised a robust mud after the Prosecutor’s Workplace required to “absolutely determine the property“from that group and observe that they listed brooms, cups, boots and even medical remedies as possessions.

In the beginning of 2020, the FARC occasion defined that as of November 10, 2019, with respect to what has to do with metals, 63% of the quantity of gold had been delivered.

Supply: EFE and Europa Press

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