In a shocking turn of events, over four kilograms of raw gold, valued at more than $400,000, have mysteriously vanished from the vault of state-owned mining company Grassalco N.V. The gold was discovered to have been replaced with counterfeit replicas, raising suspicions of an inside job. The discovery was made on October 13, but the incident was only officially reported to the Livorno police station on Friday. Investigators found no signs of forced entry, suggesting the theft was orchestrated internally. The counterfeit gold was systematically placed in the vault, indicating a well-planned operation. The police are treating the case as a high-priority investigation. Grassalco’s President-Director, Wesley Rozenhout, stated in an interview with DTV Express that he initiated an internal investigation immediately after the discovery. He informed President Jennifer Simons on October 29, following the completion of the final report. Rozenhout emphasized that he is responsible for general policy, not daily operations, and does not believe he should resign as the company’s head. The company’s management stressed that only authorized personnel have access to the vault. This incident comes amid a series of fraud and theft cases involving government-owned enterprises, including the Melkcentrale and several police stations.