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Reichsbank

Bank of England Assisted Nazi's in Looting Czech Gold

on Wed, 07/31/2013 - 14:31

The Telegraph is reporting on how, following the September 1938 Nazi initiated dismemberment of Czechoslovakia, the Bank of England transferred to Germany Czech gold held in its vaults. This gold, valued at 5.6 million pounds, was sent to the Reichsbank in spite of the fact Czech assets had been frozen in response to what was essentially an invasion of Czechoslovakia enabled by British and French efforts to avoid outright war via acquiescing to Hitler's demands.

The actual transfer of the roughly 2,000 bars of gold to the Reichsbank took place in March of 1939, and was done at the behest of