German Lawmakers to Review Bundesbank Gold Control, Bild Says

German lawmakers will review the Bundesbank’s management of the country’s gold reserves, Bild Zeitung reported, citing unidentified parliamentarians.

Parliament’s Budget Committee will assess how the central bank manages its inventory of the metal that is stored in Frankfurt, Paris, London and New York, the newspaper said. The Federal Audit Office has criticized the Bundesbank’s lax inventory controls, Bild said.

To contact the reporter on this story: Brian Parkin in Berlin at bparkin@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net

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