Paraguay officials investigate huge hoard of Venezuelan cash

February 13, 2017 - 6:00 PM

ASUNCION, Paraguay - Paraguayan authorities are investigating a cache of Venezuelan cash possibly weighing up to 30 metric tons that was found inside a private house in a city on the border with Brazil.

Prosecutor Julia Yegros says the huge load of 50- and 100-bolivar bills was discovered in a home in Salto del Guaira, a city about 370 kilometres (230 miles) northeast of the capital of Asuncion. The city sits across the Parana River from the Brazilian city of Guaira.

Yegros says officials will be looking at documents to verify whether the money was brought into Paraguay legally.

The prosecutor says it will take investigators until at least Tuesday to determine the total value of the cash and its weight. He estimated the bills weigh 30 metric tons (about 66,000 pounds).

News from © The Associated Press, 2017

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