The Abu Dhabi company confirms the purchase of 3 tons of gold in Venezuela – Business Times

<img alt = "Gold (Photo: Pexels)" height = "430" src = "https://s2.glbimg.com/00S00Sm5YqXrY6xx7-N7qzkQGso=/620×430/e.glbimg.com/og/ed/ f / original / 2018 The Investment Company Noor Capital of Abu Dhabi confirmed that had purchased approximately 3 tons of oil from the market. gold from Venezuela about two weeks ago In a statement posted on its website on Saturday (02/02), ] company admitted the agreement after being mentioned on Twitter last Thursday by Senator Marco Rubio, reinstated in his office.At the time, Rubio had reported to the United Arab Emirates Embbady in the United States that he had received information that a French citizen would be in Caracas to represent Noor Capital and "steal" more gold from Venezuela. "I hope you warned them (Noor Capital) that they themselves or any service the air cargo that l e will do will be subject to Treasury sanctions, "said Rubio at the time in his profile on Twitter

In the statement released Saturday, Noor Capital said that" he is not involved in any illegal or prohibited transactions. "The company stated that the purchase made on the last day 21 was in accordance with the" international standards and laws in force on that date. "" Up to that the situation in Venezuela stabilizes, Noor Capital will abstain from any further transaction, "Abu Dhabi added.

The United Arab Emirates is a powerful ally of the United States, but faces more In addition to criticism from US parliamentarians over their conduct in the Yemeni war, US Security Council advisor John Bolton used Twitter to impose sanctions on the Venezuelan oil company PdVSA, without excluding additional measures for the country of Latin America. "My advice to bankers, brokers, traders, enablers and other businesses: do not deal with gold, oil or oil. 9 other Venezuelan products stolen from the Venezuelan people by the mafia of Nicolás Maduro, "he wrote on the social network. "We are ready to continue acting," he added.

On Friday (1), Chevron Chairman Michael Wirth said at a teleconference with badysts that the company would maintain its operations in Venezuela stably and securely a "foreseeable future," despite the sanctions imposed by the United States on the PdVSA. Chevron has four joint operations with PdVSA for oil exploration and production. Wirth also said that refining operations in the United States were prepared for the likely disruption of Venezuelan oil supplies due to sanctions and that Chevron already had an emergency plan providing for sanctions.