Gold worth billions of dollars is smuggled every year out of Africa through the United Arab Emirates and it most likely ends up in Europe and in the United States, according to a Reuters analysis published last week.
Ugandan authorities are investigating unexplained imports of 7.4 tonnes of gold worth US$300 million that is suspected of originating with President Maduro’s regime in Venezuela.
Authorities arrested on Wednesday 14 alleged members of a transnational gold smuggling ring in Italy, Romania and Turkey for criminal association, money laundering and trafficking stolen goods.
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