Tag: IllicitTrade

Home » IllicitTrade
Bulk of gold smuggled from Africa exported to UAE,saysreport
Post

Bulk of gold smuggled from Africa exported to UAE,saysreport

The UAE has been accused of being a leading recipient of tens of billions of dollars worth of gold smuggled out of Africa every year, reflecting growing concern over the illicit trade in the region’s precious metals. In a comprehensive study, Swissaid estimated that about 435 tonnes of gold worth about $31bn were exported undeclared...