UAE firm says it bought 3 tons of Venezuela gold

Image
AP Dubai
Last Updated : Feb 02 2019 | 4:40 PM IST

An investment firm in Abu Dhabi says it has bought some 3 tons of gold from Venezuela amid that country's political turmoil.

Abu Dhabi's Noor Capital posted a statement on its website early Saturday acknowledging the purchase after being called out in a tweet Thursday by U.S. Sen. Marco Rubio, a Republican from Florida.

Noor Capital said it "does not engage in any illegal or prohibited transactions," saying its January 21 purchase was handled "per international standards and laws in place as of that date."

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Feb 02 2019 | 4:40 PM IST

Next Story