News / / 02.24.21

OCCRP: Report: $4 Billion in African Conflict Gold Floods World Markets

More than US$4 billion in conflict-affected or high-risk gold from Central and East Africa gushes every year through world gold centers like Dubai to permeate international markets, according to a report published Monday.

The Sentry, an investigative hub that tracks dirty money in African conflicts, said that staggering quantities of gold from conflict-affected Sudan, South Sudan, the Central African Republic (CAR) and the Democratic Republic of Congo (DRC) are being smuggled into neighbouring countries for re-export in order to enrich armed groups responsible for mass atrocities…

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