In Libya, dismantling of gold trafficking at Misrata airport

In Libya, dismantling of gold trafficking at Misrata airport
In Libya, dismantling of gold trafficking at Misrata airport

Five months of investigation allowed the dismantling of the traffic, Libya is a transit zone for gold smuggling. Ingots destined for countries “like the United Arab Emirates or Turkey” indicates the American NGO The Sentry in a recent report. There is no significant gold production in the country, but trading platforms and several transit points, including the ports and airports of Zliten, Benghazi and Misrata.

According to the NGO’s investigation, gold mainly comes from Chad, Niger, Burkina Faso and Mali. The trade in this artisanal gold is still very opaque. The international NGO Pact estimates, for example, that in 2021, only 13% of Malian artisanal gold was exported through legal channels.

Mali is also, according to researchers, the nerve center of gold smuggling in the Sahel. A large part of this gold comes from artisanal mines in other countries such as Senegal or Guinea. Preferred final destination: Dubai where customs controls for gold carried by hand are weak and there are no limits on cash transactions.

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