The British Bank of England recently admitted its share of guilt on the sale of gold which the Nazi regime stole from the Czechoslovak National Bank before WWII. The Nazis then used this gold in the war. The Nazis invaded Czechoslovakia in September of 1938. Due to threats, the gold had been deposited during the 1930s with the Bank of International Settlements, which also called Central Banker's bank.
In the following year, 5.6 million pounds in gold were transferred from the Czechoslovak National Bank account at the Bank of International Settlements to the German Third Reich’s account. As the UK daily the Guardian brings, some 4 million pounds of the gold went to banks in the Netherlands and Belgium, while the rest was hidden in the London based Bank of England which later sold the gold without the approval of the British government, according to the Slovak news web portal aktuality.sk. It was the Bank of England that published this information, as until now it was hidden away in their safe.
