Tags: AF | Uganda | South American Gold

Uganda Holds 3.6 Tons of Gold Possibly from Venezuela

Monday, 25 March 2019 09:38 AM

KAMPALA, Uganda (AP) — A gold refinery primarily owned by a Belgian is facing Ugandan sanctions over the questionable importation of 7.4 tons of gold earlier in March.

Ugandan police spokesman Fred Enanga told The Associated Press that the company, African Gold Refinery, had already exported 3.8 tons of the gold that may have originated from South America.

Enanga said police are protecting the remaining 3.6 tons as they await advice from the attorney general on whether to seize the gold and criminally charge the company's directors.

He said the company, which is licensed to deal in raw gold, is yet to reveal the source of the disputed consignment.

The company didn't immediately respond to e-mailed questions.

Government-owned media, citing local police, reported that the gold came from Venezuela, which is under U.S. sanctions.

© Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


GlobalTalk
A gold refinery primarily owned by a Belgian is facing Ugandan sanctions over the questionable importation of 7.4 tons of gold earlier in March.Ugandan police spokesman Fred Enanga told The Associated Press that the company, African Gold Refinery, had already exported 3.8...
AF,Uganda,South American Gold
133
2019-38-25
Monday, 25 March 2019 09:38 AM
Newsmax Media, Inc.
 
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved