Wednesday’s filing comes on the heels of the Argentine government’s refusal on Tuesday to disclose the location and movements of the Central Bank’s gold reserves. The denial was in response to a request made by Burford that the gold be considered part of the country’s assets and used as partial payment. In essence, they argue that the gold belongs to the Central Bank, which is a separate entity from the government. Burford has also accused Argentina of “concealing more than US$1 billion in gold reserves,” but the government’s legal representatives said that is false. “The [Central Bank] publishes information about the amount of the gold reserves it holds,” Argentina’s letter said, adding that the country “has repeatedly explained that all gold reserves are the property of and managed by the Central Bank,” which is a “legally separate and distinct” entity from the government.
