Mutiny Breaks Out At Venezuela's Central Bank | WHAT REALLY HAPPENED


Mutiny Breaks Out At Venezuela's Central Bank

While the world obsesses how much longer Venezuela's Nicolas Maduro can remain in power before he loses the support of the local military or the US deploys yet another "humanitarian mission" to depose him, forcing the embattled dictator to place several tons of the country's dwindling gold on a cargo plane to a non-extradition destination as he takes one final trip abroad, the ongoing "soft coup" is also playing out within the halls of the central bank, where in addition to a lot of currency printing in recent years, Bloomberg reports that staffers are waging a small mutiny and refusing to sign-off on key bank transactions.

According to "four people with direct knowledge of the matter", some central bank employees received "early retirement offers" Friday after disregarding orders from upper management. The mini mutiny took place as staffers fret about potential consequences and repercussions of signing off on financial operations that have been barred by US sanctions, and as discontent bubbles over as Venezuela’s economic and political outlook deteriorates.

As previously reported, attempts by Maduro to repatriate $1.2 billion of gold from the Bank of England and plans to ship 20 tons of the metal abroad for cash have been stymied in the past several weeks, bringing close international scrutiny to Banco Central de Venezuela’s $8.4 billion in reserves due to fears the Maduro regime may try to pillage them next, prompting a freeze on Venezuelan assets held in western banks.

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