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Ben Ali's family flee with gold bars (One and a half tons)
PressTV via Le Monde ^ | January 17th 2011 | Staff

Posted on 01/17/2011 7:56:05 AM PST by Cardhu

The family of ousted Tunisian President Zine El Abidin Ben Ali has reportedly fled the country with 1.5 tons of gold worth more than 45 million euros.

Citing information received form the French secret services, the French newspaper, Le Monde, disclosed on Monday that Leila Trabelsi, the wife of the ousted president, took the gold bars out of the country before the collapse of Ben Ali's regime.

Ben Ali's 23-year rule ended on Friday after weeks of street protests all over the North African country.

"According to information gathered in Tunis, Leila Trabelsi, the president's wife allegedly went to the Bank of Tunisia for gold bars. The director of the bank refused. Mrs. Ben Ali called her husband, who had also initially refused, but then agreed," the newspaper said.

After receiving the gold bars, Treabelsi flew to Dubai before leaving for Jeddah in Saudi Arabia, the paper said.

"It seems that the wife of Ben Ali is the party who left with 1.5 tons of gold worth 45 million euros," a senior French official told the daily.

Reports also confirmed that Trabelsi had been in Dubai for several days.

In the past weeks, there have been massive street protests across Tunisia against what has been described as the theft of Tunisian wealth and lack of opportunities for the average citizen.

Many of Ben Ali's family members have left the African country for fear of personal safety.

On Saturday, a day after Ben Ali fled to Jeddah, luxury cars were smashed and shops and homes were looted and burned in the Tunisian capital, Tunis.

Ben Ali ruled Tunisia for more than two decades. His era was marred by repeated human rights violations and torture.

On Sunday, acting leaders in Tunisia discussed the composition of a unity government as post-revolution unrest continues to grip the North African country.


TOPICS: Extended News; Foreign Affairs; News/Current Events
KEYWORDS: bahog; benali; gold; tunisia
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Ousted Tunisian President Zine El Abidin Ben Ali and his wife Leila Trabelsi

Le Monde, disclosed on Monday that Leila Trabelsi, the wife of the ousted president, took the gold bars out of the country before the collapse of Ben Ali's regime

1 posted on 01/17/2011 7:56:08 AM PST by Cardhu
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To: martin_fierro; Constitution Day; Petronski

BAHOG to go, please.


2 posted on 01/17/2011 7:57:37 AM PST by Tijeras_Slim (Jubtabulously We Thrive!)
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To: Cardhu

Well, I guess the tyrants agree: gold is a great way to protect your wealth under adverse circumstances.


3 posted on 01/17/2011 7:59:52 AM PST by coloradan (The US has become a banana republic, except without the bananas - or the republic.)
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To: coloradan; jiggyboy
(ahem) How will they eat it?
4 posted on 01/17/2011 8:03:41 AM PST by blam
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To: Tijeras_Slim

It sure is, but now everyone knows where it is. Got to be a big embarrassment for the Saudis.


5 posted on 01/17/2011 8:04:21 AM PST by Cardhu
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To: Cardhu
Got to be a big embarrassment for the Saudis.

I doubt they're capable.

6 posted on 01/17/2011 8:07:37 AM PST by Tijeras_Slim (Jubtabulously We Thrive!)
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To: Cardhu; jiggyboy; Tijeras_Slim; Constitution Day; Petronski

7 posted on 01/17/2011 8:08:45 AM PST by martin_fierro (~ B A H O G ~)
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To: Cardhu
It sure is, but now everyone knows where it is. Got to be a big embarrassment for the Saudis.

In view of the huge "gold importation tax" the Saudis will undoubtedly exact, I think that they'll be able to live with the embarrassment.

Regards,

8 posted on 01/17/2011 8:08:52 AM PST by alexander_busek
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To: Cardhu

Too bad he didn’t get the Ceausescu treatment.


9 posted on 01/17/2011 8:11:11 AM PST by dfwgator
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To: dfwgator

So long as they are still alive, it will never be too late for the Ceausescu treatment.


10 posted on 01/17/2011 8:12:22 AM PST by coloradan (The US has become a banana republic, except without the bananas - or the republic.)
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To: Cardhu
It sure is, but now everyone knows where it is. Got to be a big embarrassment for the Saudis.

I'm sure a couple hundred pounds of that gold will help the Saudis get over any shame they might have.

I was surprised about how little a ton and a half of gold was worth. When I think of $1300 / ounce it seems incredible expensive, but you can get that same value of of the country in hundred dollar bills in about half a ton. In 500 euro bills it would only weight about 220 pounds.

11 posted on 01/17/2011 8:13:55 AM PST by KarlInOhio (Washington is finally rid of the Kennedies. Free at last, thank God almighty we are free at last.)
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To: Tijeras_Slim; alexander_busek; blam

Forget about diamonds one and half tons of gold is a girl’s best friend.

She must be tired after digging all that gold. The sisterhood are filled with envy.


12 posted on 01/17/2011 8:14:45 AM PST by Cardhu
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To: Cardhu
Got to be a big embarrassment for the Saudis.

Not at all. They sheltered the cannibal Idi Amin until he died.

13 posted on 01/17/2011 8:22:39 AM PST by Straight Vermonter (Posting from deep behind the Maple Curtain)
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To: yorkie; tiapam; jaycee; DollyCali; Lady Jag

Ping


14 posted on 01/17/2011 8:31:03 AM PST by Cardhu
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To: Cardhu

Each ton is almost exactly 32,000 troy ounces. So 1.5 X 32,000 is 48,000 troy ounces of gold. At $1350 per ounce, the amount is $64.8 million USD.


15 posted on 01/17/2011 8:36:13 AM PST by ikka
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To: KarlInOhio

About 65.25 million dollars at $1360/oz. Of course, it will retain its value a lot longer than 220 pounds of 500 Euro bills.


16 posted on 01/17/2011 8:40:12 AM PST by aruanan
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To: Cardhu

Ready for any emergency!


17 posted on 01/17/2011 8:49:25 AM PST by Cicero (Marcus Tullius)
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To: ikka

Nearer 48,000,000€ but as both gold and the dollar fluctuates, more than 45,000,000€ is a ball park figure


18 posted on 01/17/2011 8:54:44 AM PST by Cardhu
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To: Cardhu

That gandiose amount of gold is not something you can put in your suitcase - it has to be hidden somewhere - and it will be found.


19 posted on 01/17/2011 9:12:59 AM PST by yorkie
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To: blam

LOL


20 posted on 01/17/2011 9:30:01 AM PST by jiggyboy (Ten percent of poll respondents are either lying or insane)
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