UK News: Poland's wartime £4bn gold haul returned in top-secret mission - - PressFrom - United Kingdom
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UK News Poland's wartime £4bn gold haul returned in top-secret mission

02:50  04 december  2019
02:50  04 december  2019 Source:   news.sky.com

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Poland ' s gold was moved away and split between the UK, the US and Canada when the Second World War broke out. More than 100 tonnes of gold has been returned from London to Poland in a top - secret repatriation mission . The haul worth around bn ( £ 3.85bn) was transported from a

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The haul was worth around $5bn (£3.85bn). Pic: G4S © Getty The haul was worth around $5bn (£3.85bn). Pic: G4S More than 100 tonnes of gold has been returned from London to Poland in a top-secret repatriation mission.

The haul worth around $5bn (£3.85bn) was transported from a secret location near the capital to an unknown airport in London, accompanied by a police escort and a helicopter, and loaded onto a freighter plane and flown off to Poland.

Amid the outbreak of the Second World War, the entire Polish gold reserves were secretly transported across three continents to be stored in London, New York and Ottawa.

a train is parked on the side of a building: Poland has stored the gold at a secret location. Pic: G4S © Other Poland has stored the gold at a secret location. Pic: G4S

Now, Poland has seen the gold that was kept in the UK returned to them and placed in a high-security location.

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Poland ’ s gold reserves have been stored at the Bank of England for decades, having been evacuated from Poland at the outbreak of the Second World War amid fears they would fall into the hands of Nazis. But Poland ’ s nationalist government has now begun repatriating the gold in order to

Poland ’ s gold reserves were moved to the Bank of England during the Second World War (Picture: G4S). The last mission to move the gold successfully In a final trip made on November 22, lorries carrying 20 crates filled with gold bars were moved from a secret location in northwest London to an

When it arrived in Poland on 22 November, the gold was loaded into three armoured vehicles and accompanied with a full motorcade to undisclosed vaults.

It took eight trips to transport the gold back to Narodowy Bank Polski, the country's central bank, where it will now be kept.

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Each bullion was a standard issue London Good Delivery bar, which weighed 12.5kg each and were stamped with a serial number and marker which showed the place they were produced.

G4S Cash Solutions UK handled the operation. The firm's director John Lennox said: "The movements of the gold were meticulously planned in co-ordination with everyone, including the police, the Bank of England, the Narodowy Bank Polski and G4S.

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"Given the sensitivity this operation, we needed to be prepared for anything. Plans can change at short notice. Having a strong team, flexible and professional drivers, and making sure everyone was regularly updated meant the operation was a complete success."

a large black truck sitting on the tarmac of an airport runway: The gold was moved in the middle of the night. Pic: G4S © Getty The gold was moved in the middle of the night. Pic: G4S

G4S' managing director, Julian Haskard, called the repatriation operation a "historic day in the gold industry".

Poland's banking chief confirmed that the transfer of the gold had been completed, and added that a commemorative coin will be minted to celebrate.

As well as the original bars, Poland announced last year it would be buying a further 100 tonnes of gold, to give reserves a boost.

More than 100 tonnes of gold were moved by G4S. Pic: G4S © Other More than 100 tonnes of gold were moved by G4S. Pic: G4S

According to Bloomberg, the country had $121.9bn (£93.7bn) in its official reserves, including gold, as of the end of October.

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