Jump to content

Recommended Posts

The Royal Canadian Mint said Monday that $15.3 million worth of gold missing from its vaults could have been stolen.


The gold was reported missing last fall, but officials at the mint said they had hoped they would find that an accounting error was responsible.


A review conducted by auditors Deloitte and Touche, however, recently concluded that the gold wasn't simply forgotten during inventory.


"The unaccounted for difference in gold does not appear to relate to an accounting error in the reconciliation process, an accounting error in the physical stock count schedules or an accounting error in the record keeping of transactions during the year," the company concluded in a report released Monday.


Christine Aquino, director of communications with the mint, said that many possible scenarios are being considered.


"We're not going to speculate on the cause just yet," said Aquino.


"We're not giving up on this. We're going to pursue this rather vigorously."


Aquino said the mint asked the RCMP to look into the matter two weeks ago.


She said in the meantime, the mint is prepared to follow three of Deloitte and Touche's recommendations concerning its accounting procedures and building security.


"They've also asked that we go through our security measures for review," said Aquino.


"But it's just one of the avenues we're pursuing. We have one of the most secure facilities in Canada, if not the world."


(Courtesy of CBC News)


If you had one of the most secure facilities in Canada, how the hell do you let this happen? :eek::mad:

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Create New...