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Tens of billions of dollars in gold flows illegally out of Africa each year, a new report says - New Delhi Times - India s Only International Newspaper

Billons of dollars in gold is smuggled out of Africa each year and most of it ends up in the United Arab Emirates, where it is refined and sold to customers around the world, according to a report published Thursday. Over $30 billion worth of gold, or more than 435 metric tons, was smuggled out…

United arab emiratesSouth africaFabian maienfischYvan schulzSwitzerland state secretariat for economic affairsAssociated pressAp photo creditState secretariatEconomic affairsPhoto credit

Report: Tens of billions of dollars in gold flows illegally out of Africa each year

Most of it ends up in the United Arab Emirates

South africaUnited arab emiratesFabian maienfischYvan schulzAssociated pressSwitzerland state secretariat for economic affairsGeita regionState secretariatEconomic affairs

Gold worth billions of dollars flows illegally out of Africa each year: Report

United Arab Emirates. Turkey and Switzerland are the main destinations

South africaUnited arab emiratesFabian maienfischYvan schulzSwitzerland state secretariat for economic affairsAssociated pressState secretariatEconomic affairs

Report: Tens of Billions of Dollars in Gold Flows Illegally Out of Africa Each Year

Report: Tens of Billions of Dollars in Gold Flows Illegally Out of Africa Each Year
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United arab emiratesSouth africaYvan schulzFabian maienfischAssociated pressSwitzerland state secretariat for economic affairsState secretariatEconomic affairs

Tens of billions of dollars in gold flows illegally out of Africa each year

DAKAR (AP): Billons of dollars in gold is smuggled out of Africa each year and most of it ends up in the United Arab Emirates (UAE), where it is refined and sold to customers around the world, according to a report published Thursday. Over US$30.

South africaUnited arab emiratesYvan schulzFabian maienfischSwitzerland state secretariat for economic affairsAssociated pressState secretariatEconomic affairs

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