Billions of dollars’ worth of gold is being smuggled out of Africa every year through the United Arab Emirates in the Middle East – a gateway to markets in Europe, the United States and beyond – a Reuters analysis has found. Customs data shows that the UAE imported $15.1 billion worth of gold from Africa […]
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Operatives of the Economic and Financial Crimes Commission, EFCC, have intercepted gold worth about N211 million being illegally transported through the Murtala Mohammed International Airport, Lagos en route Dubai. Following intelligence report, the operatives on November 9, 2018 uncovered the gold weighing about 35kg just at the point of departure of a suspect currently in […]
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The Economic and Financial Crimes Commission (EFCC) has seized gold worth about $3, 131, 412.39 (N1, 127, 308, 460.39) being allegedly exported to Dubai, United Arab Emirates, illegally. The Nation reports that EFCC named one Abba Ali Yahaya as the brain behind the deal. Apart from impounding his passport, about €112,000 undeclared by Abba, has […]
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More than 900 miners are trapped down a goldmine in South Africa’s Free State province, a union said on Thursday. The miners got stuck on Wednesday night due to a power outage, the Association of Mineworkers and Construction Union (AMCU) said, calling on the company involved, Sibanye-Stillwater, to step up rescue efforts. Forty miners have […]
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Mo Farah launched the World Athletics Championships in scintillating fashion on Friday, with another consummate 10,000 metres triumph that further embellished his claim to being the greatest distance racer in the sport’s annals. With 55,000 of his home fans roaring their support at the London Stadium, the 34-year-old Briton sprinted away with his 10th consecutive […]
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