The Sentry is an investigative and policy organization that seeks to disable multinational predatory networks that benefit from violent conflict, repression, and kleptocracy.
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11.13.20
OCCRP: The Sentry: African Conflict Gold is Being Laundered in Dubai
The years-long rise in international gold prices has driven a new artisanal gold mining and refining rush in conflict-affected areas in East and Central Africa and has turned the United Arab Emirates into the foremost launderer of such gold, according to a new report from The Sentry.
The policy center devoted to tracing dirty money connected to African warlords said that annually, over US$3 billion in gold mined in the affected regions, including conflict gold from which armed groups and army units profit, reaches international markets in the U.S., Europe, Asia, and the Middle East…
