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Bolivia Races to Destroy $62 Million in Cash That Fell From Sky

Marcelo Rochabrun, Sergio Mendoza
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⚡ Quantum Brief
A military cargo plane carrying $62 million in newly printed Bolivian currency crashed near El Alto International Airport on Friday, killing at least 22 people and injuring 37. The crash scattered banknotes across the city, forcing authorities to urgently destroy the currency to prevent theft or counterfeiting risks from the exposed bills. Most victims were civilians in vehicles near the airport when the plane struck, marking one of Bolivia’s deadliest aviation disasters involving a central bank shipment. The flight was transporting freshly minted bolivianos for the country’s central bank, highlighting vulnerabilities in high-value cash logistics and security protocols. Officials are investigating the cause while prioritizing recovery of the scattered cash, though the focus remains on preventing economic disruption from the lost currency.
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Bolivian authorities are scrambling to destroy the equivalent of $62 million worth of local currency bank notes that fell from the sky in a deadly plane crash in the country’s second largest city. A military cargo plane filled with new bills for Bolivia’s central bank crashed near El Alto International Airport on Friday afternoon, killing at least 22 and injuring at least 37. Most of the victims were in vehicles near the airport and were struck by the plane.

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Source: Bloomberg Markets

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