Court of Audit report on oversight of Dutch gold reserves
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The Netherlands Court of Audit reported that the finance minister has limited insight into the management of the Dutch gold reserves, which total more than 600 tonnes and are valued at more than €72 billion. De Nederlandsche Bank manages the reserves, held in New York, Ottawa, London and Zeist, while the minister has made little use of the ability to obtain information about their management.
The Court of Audit said no agreements have been made between the central bank and the finance minister on the use of the gold in a crisis. It also found that the minister is not aware of how audits by De Nederlandsche Bank and its external auditor are conducted. Minister Heinen said he is not concerned about the exchange of information and that the reserves are managed passively under internal guidelines. He was briefly informed when a large quantity of gold was moved from New York and Ottawa to London in the summer of 2026.