Investors,

this is going to be a question much asked in the years ahead. 

It seems Societe General Bank just can't manage to keep track of or manage it's assets properly. First a single supposed rogue trader resently somehow managed to loose them 7 billion dollars by unauthorized trades. Once again now they somehow manage to loose 15 tons of gold hahahahahahaha. To think people place their trust in banks and think their money is safe with them.

F.F.

Fight for 15 tons of gold A crisis of lost gold has come up between Societe Generale and Goldaş. French Societe Generale bank claimed that the gold worth $500 million which they had given to Goldaş for selling at Istanbul Gold Market has been lost and filed a criminal report about the event. The partner of Goldaş, Yalınkaya, said: "it is slander; we are shocked." Societe Generale and Goldaş fight for 15 tons of gold  21.03.2008

French Societe Generale has claimed that $500 million worth of gold, which they had given to Goldaş to sell at the Istanbul Gold Market has gone missing and has filed a criminal report about the event. French Societe Generale claimed that 15 tons of gold, worth $500 million, which they had given to Goldaş to sell at the Istanbul Gold Market, has gone missing and filed a criminal report about the event. According to the claim of the French Bank, they gave Goldaş 15 tons of gold on consignee and authorized Goldaş to sell the gold in the Istanbul Gold Market. However, the bank was unable to get the gold back. Goldaş made a written statement and rejected this claim. Goldaş claimed that they had a commercial mutual agreement with Societe Generale; however the bank is acting upon ulterior motives.