RULING ELITES BEHIND ZIMBABWE’S ‘DISAPPEARING’ GOLD

On 14 July, OCCRP reported that a new report has found that gold smuggling, organised by individuals linked to the ruling establishment, deprives Zimbabwe of an estimated 36 tonnes of gold annually, worth 65% of the total production.  It is said that gold dealers, who are protected by the ruling Zanu-PF party officials use state apparatus to capture and control gold-rich areas throughout the country; and, with the connivance of the authorities, smuggled out of the country, typically through South Africa, Zambia and Mozambique.

https://www.occrp.org/en/daily/16564-ruling-elites-behind-zimbabwe-s-disappearing-gold

https://www.cnrgzim.org/_files/ugd/e33f9c_c5efdb731bef475fbab6c05672b37fdc.pdf?index=true

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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