Taiwan's central bank says Wenyuan gold vault is secure after military police gambling case
Taiwan's central bank is trying to calm worries about the safety of the country's gold reserves after a scandal among the soldiers guarding them, and it insists none of the gold is at risk.
- Military police guarding the Wenyuan vault, where Taiwan stores its gold, were caught running a group gambling ring.
- The central bank says it knew about the case right away and that all the gold in storage is safe.
- The vault uses multiple locked access points, live cameras, and linked alarm systems, plus surprise safety checks each year.
- The bank has also put more senior staff on site at the vault and is staying in close contact with the military police command.
Outlook: Expect more questions about who guards Taiwan's gold, even as the central bank holds firm that the reserves themselves are untouched.