Arrr, there be a mighty flow of gold plundered from Africa, worth a fortune, as reports do tell. Aye mateys!
2024-05-30
Avast ye scallywags! The scurvy Swissaid scallywags be yammerin' about billions o' gold pieces bein' smuggled out o' Africa each year! Thar be a treasure trove endin' up in the United Arab Emirates, Switzerland, and Turkey, arrr! Aye, we be needin' a bigger ship for this plunderin'!
Ahoy mateys! Ye won't believe the plunder happenin' in Africa - over $30 billion in gold smuggled out each year! Arrr, most of it endin' up in the United Arab Emirates, where it be refined and sold to customers 'round the world. Swissaid, a group o' swashbucklers from Switzerland, published a report revealin' this treachery.Them scallywags found that between 32% and 41% o' African gold not bein' declared. Ghana, Mali, and South Africa be the top producers, but the gold bein' shipped off to the UAE, Turkey, and Switzerland, aye.Yvan Schulz, one o' the report's authors, be hopin' to bring more transparency to the gold trade and put pressure on them industry players to be more responsible. The UAE be the main haven for the smuggled gold, with tons o' undeclared treasure flowin' in.Switzerland be another big buyer o' African gold, importin' tons in 2022. The report calls for formalizin' small scale minin' and better border controls to stop this bootleggin'. Let's hope this report be makin' a difference in the fight against gold smugglin'! Arrr!