M23 Rebels Making Millions through Gold Smuggling from Eastern Congo

From Enough blogs Thu Jan 17 2013, 03:06:13

Weeks after delegates first arrived in the Ugandan capital of Kampala for talks aimed at ending the M23 rebellion in eastern Congo, preconditions for the negotiations are just being finalized. But as details about M23-linked gold smuggling from the conflict area underscores, the group maintains an extensive and lucrative network throughout the region, which undermines any hopes that the Kampala process alone will bring about lasting stability.

Most recently, Congo's neighbor, Burundi, has become a transit point for smuggling gold from Congo, according to Enough Project sources. The U.N. Group of Experts also documented in their November 2012 report the links between M23 rebels and gold transported out of the region through Uganda via the border town of Bunagana, which has been under M23 control since July 2012:

M23 has sought financing for its movement through the sale in Kampala of gold which have transited through border posts it controls with Uganda. Former UPDF officer, two Kampala-based businessmen, and M23 cadres reported that M23 attempted to sell gold originating from mines controlled by M23 allies in Walikale and Ituri. These sources reported that M23 first brought to Kampala a shipment of 200 kilograms of gold, and subsequently another lot of 125 kilograms, both transiting through Bunagana.

At current rates, the value of those shipments equates to about $10.8 million and $8.1 million respectively.

[view whole blog post ]
 See More    |     Report Abuse


You might also be interested in the following news stories:

Congo-Kinshasa:   Dossier M23 - François Muamba confirme le rapatriement volontaire des Congolais amnistiés (news)
Les Dépêches de Brazzaville
18 December 2014

Pour le coordonateur du Mécanisme national de suivi, le processus qui vient de commencer avec le retour de cent vingt Congolais ex-combattants se poursuivra et sera bouclé au plus tard ... [read more]

Ouganda:   1 600 combattants du M23, cantonnés dans un camp militaire, « en fuite » (news)
Le Potentiel
17 December 2014

Le leader de l'ex-rébellion du Mouvement du 23 mars (M23), Bertrand Bisimwa (photo), a déclaré mardi 16 décembre 2014 que « près de 1 600 combattants, sur un ... [read more]

Ouganda:   Difficile rapatriement des ex-rebelles du M23 vers la RDC (news)
Les Dépêches de Brazzaville
17 December 2014

Plusieurs ex-combattants du M23 cantonnés en Ouganda depuis la défaite de cette rébellion congolaise ont été blessés par balles, le 16 décembre, lors ... [read more]



blogAfrica is allAfrica.com's platform to help you keep an ear on the African blogosphere. We draw diverse voices from around the world who post regularly and insightfully about African issues. Bloggers, submit your blog's rss-feed!