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Code · BILL · 117th Congress · S. 5109 (Introduced in Senate) — To establish and implement a multi-year Legal Gold and Mining Partnership Strategy to reduce the negative environment... · Sec. 6

Sec. 6. Investigation of the illicit gold trade in Venezuela

134 words·~1 min read·/bill/117/s/5109/is/section-6

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The Secretary of State, in coordination with the Secretary of the Treasury, the Attorney General, and allied and partner governments in the Western Hemisphere, shall— lead a coordinated international effort to carry out financial investigations to identify and track assets taken from the people and institutions in Venezuela that are linked to money laundering and illicit activities, including mining-related activities, by sharing financial investigations intelligence, as appropriate and as permitted by law; and provide technical assistance to help eligible governments in Latin America establish legislative and regulatory frameworks capable of imposing and effectively implementing targeted sanctions on— officials of the Maduro regime who are directly engaged in the illicit mining, trafficking, and commercialization of gold; and foreign persons engaged in the laundering of illicit gold assets linked to designated terrorist and drug trafficking organizations.
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