Report: Russia has laundered $2.5 billion of African gold since February 2022

Wed, 17 Jan 2024 19:39:02 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://kyivindependent.com/report-russia-has-laundered-2-5-billion-of-african-gold-since-february-2022/>

"The Kremlin has laundered $2.5 billion of African gold since the start of the
full-scale invasion of Ukraine, according to a report by an international group
of researchers and human rights activists published on Dec. 12.

Russia's illicit activities and ties to authoritarian regimes in Africa have
been under the public eye for years. Russian mercenaries on the continent,
whose operations help to fill Moscow's coffers, have been repeatedly accused of
human rights abuses against local populations.

The Blood Gold Report reveals that Russia-backed mercenaries, including the
Wagner Company, support authoritarian regimes and destabilization in Africa as
part of resource extraction schemes that bring Russia more than $100 million
per month.

The research focused on Wagner's operations in three African countries, each
illustrating a different method of resource extraction."

Via Mark Lansbury and Susan ****

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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