UN Expert Report says that DRC gold smuggling increased during COVID-19 lockdown to Burundi and Rwanda…

Yet again there are exploits of conflicts and the resources. The latest UN Group of Experts Report on the Democratic Republic of Congo (DRC) establishes this fact. This isn’t a shocking revelation, as this has persisted for so long. The illicit and trade of minerals in the DRC to the neighbours have been going on for years. Where the militias and other “rebel” outfits have exploited the porous borders.

What was striking was a few of the sentences and that this of business continues. That the ones enriching themselves continues in haste. Producing, exporting and trading illicit gold. This is being exploited and extracted in the DRC. Later illegally exported to Burundi and Rwanda. We know this also happens to Uganda in the report. However, they have not stated the scale there. As we know the Gold Refinery in Entebbe for illegal gold exports.

Here is excerpts from the Report:

Three mining authorities confirmed that cross-border gold smuggling between South Kivu (see S/2020/482, annex 45) and Burundi and Rwanda had increased during the COVID-19 lockdown. Two authorities explained that this was because, while gold production continued, border closures reduced the value of dollars hand-carried into the Democratic Republic of the Congo for illicit gold transactions. According to official mining data, 30.6 kg of gold were officially exported from South Kivu between January and October 2020, while official gold production was 7.1557 kg between January and September 2020 according to mining authority data” (United Nations Experts Report December 2020, P: 19, 2020).

The Group noted that, as was also the case in 2019 (see S/2020/482, annex 16), as of October 2020 official recorded gold production for South Kivu was far lower than the volume of gold exported. Total gold production as of September 2020 was 7155.7 grams, while exports were 30.6 kilograms for the year up to October 2020. Following the COVID-19 border closures, only two gold trading comptoirs – Etablissement Namukaya and Etablissement ML – exported gold in the second half of 2020 until the time of drafting this report. Bukavu-based gold trading house Mines Propres SARL suspended its operations in South Kivu as of February 2020, but confirmed to the Group that construction of Congo Gold Raffinerie (see S/2020/482, annex 25) continued in its place (Karim Somji, an associate of Congo Gold Raffinerie also owns Mines Propres SARL” (United Nations Experts Report December 2020, P: 186, 2020).

This here story isn’t a new, but it shows a pattern. Where there is more production than recorded. More gold produced than what is initially registered. This here is proof of the illicit trade, as the records itself states.

The Est. Namukaya is even mentioned an export to Kampala to Muzira Bravia Ltd. A company the UN Group of Experts couldn’t find in a registry. Therefore, that is easy an front and not the true company who imported this gold. That could easily be another concealment.

However, all this here just shows that its big business to trade gold illegally and illicit trade of conflict minerals. Where the DRC is not getting reported wealth out of their resources. While the militias and others are profiting on the mines. That is reality of this. Peace.

RDC: Province du Sud-Kivu – Communique Officiel – A toute la population du Sud-Kivu particulierement a celle de Bukavu (20.06.2020)

RDC: Communique Officiel a la Suite des Arrets de la Cour Constitutionnelle se Declarant Incompetente sur le Dossier de Decheance des Mandats et du Dedoublement du Regroupement Politique AFDC-A (19.06.2020)

RDC: CMR COVID-19 Bulletin No. 87 – Situation Epidemiologique COVID-19 a Kinshasa, en Ituri, au Nord et Sud-Kivu, Haut-Katanga et au Kongo Central, Kwango, Kwilu, Tshopo, Haut-Lomami et Equateur (18.06.2020)

RDC: Banque Centrale du Congo – Comite de Politique Monetaire – Communique (17.06.2020)

RDC: CMR COVID-19 Bulletin No. 85 – Situation Epidemiologique COVID-19 a Kinshasa, en Ituri, au Nord et Sud-Kivu, Haut-Katanga et au Kongo Central, Kwango, Kwilu, Tshopo, Haut-Lomami et Equateur (16.06.2020)

RDC: Front Commun pour le Congo – Declaration Politique du FCC (13.06.2020)

UN Report: 95% of Ugandan Gold Exports with other Origin [AGR registered in Seychelles]

gold is gold, and they simply need gold” – Gold Smugglers (UN, 2020, P: 19).

The newest UN Group of Experts Report on the Democratic Republic of Congo (DRC) was just recently published. This article here will focus on the gold smuggling operation and the amount of smuggled gold to Uganda from the DRC. This report really states the amount and the way the Ugandan exporters are trading the gold from there. The direct connection between these Republics are clear. This has been stated before, but not to these levels.

If your thinking this sort of business is clean and done after protocol. Then this report will shatter and break the glass. This report is explaining and showing more intelligence on how its done. We can easily see that the Ugandan authorities and the Entebbe Gold Refinery are only having its ability to be trading and minting the gold on the basis of gold smuggling from the DRC.

Just look:

The Group estimated, using information published by the Ugandan authorities, that over 95 per cent of gold exports from Uganda were of non-Ugandan origin for 2019” (UN, 2020, P: 20).

The next part is a proof of a way of illegal export and gold smuggling. Where there is one company operating doing so and how they are registered. While other bodies are claiming they are fraud. This shows what sort of ways the traders, smugglers and exporters are doing to be able to deal with the gold. What is really striking is the way the supposed fraudulent corporation are using all sorts of means to operate. They are even using bank accounts for other companies, which in the end might be a sign of illegal activity. As they are keeping everything of the books.

Vaya Forex Bureau forgery:

The Group found however that during the reporting period, sanctioned entity Uganda Commercial Impex (UCI) Ltd (CDe.009) retained an active business registration according to publicly available Uganda Registration Service Bureau information. The Group also noted that, according to an official ICGLR gold export certificate, Vaya Forex Bureau in Uganda acted as an intermediary in an official gold export (see para. 87 of this report). Incorporated in 2007, the two shareholders of Vaya Forex Bureau were Vaya Kiran Rajendra and Vaya Vipal Kumar Maganlal, family members of Rajendra “Raju” Vaya, owner of sanctioned entity of Machanga Ltd (CDe.007) (see S/2015/19, annex 63). The Group wrote to Vaya Forex Bureau but did not receive a response by the time of writing this report. Finally, the Group noted that, according to publicly available Uganda Registration Service Bureau information, Sameer Bhimji was a signatory on the bank accounts of The Bullion Refinery Ltd (see S/2018/1133, para. 97) until 23 April 2019” (UN, 2020, P: 72).

AGR told the Group that “a so called Vaya Forex Bureau” was unknown to the company and did not hold an account with AGR. The company further stated that they considered that the ICGLR document may be a “forgery” or “fraud” and that the company had already been the target of several such attacks. The company further committed to preventing forgery or fraud, and to reporting such activities to relevant Ugandan authorities and to relevant authorities abroad, as well as “instituting criminal and civil proceedings against the perpetrators”” (UN, 2020, P: 101).

What is more interesting is that the AGR in Entebbe has switched owners and is also registered in the Seychelles. What is known about the Seychelles in this manner is that they usually is confidential and tax-exempt to a degree. This means the AGR is run most likely in a tax-haven by its owners. While they are earning their profits. That is how I crack this one down. They wouldn’t have registered the company there after selling its stakes. If there wasn’t any benefits in doing so. Right?

Here is the information about AGR:

The Group established that, on 9 February 2018, African Gold Refinery Ltd sold its shares to AGR International Ltd, a company registered in the Seychelles at Global Gateway, 8 rue de la Perle, Providence, Mahe, Seychelles (see screenshot below). The Group wrote to the authorities of the Seychelles, who confirmed that AGR International Ltd was registered in the Seychelles at the address listed in the Uganda Registration Services Bureau documents” (UN, 2020, P: 107).

We already know the AGR has connections to the President and his family. Therefore, the move of liabilities to Seychelles is to safeguard the profits in a tax-haven. There is no other way to see it. This is so the future state will be in more trouble to follow the money and also get the accounts frozen by authorities.

This is it for today. Peace.

RDC: Lamuka – Communique (12.06.2020)

RDC: CMR COVID-19 Bulletin No. 80 – Situation Epidemiologique COVID-19 a Kinshasa, en Ituri, au Nord et Sud-Kivu, Haut-Katanga et au Kongo Central, Kwango, Kwilu, Tshopo, Haut-Lomami et Equateur (11.06.2020)

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