EA fingered in $400m worth of DR Congo gold smuggled to Uganda

UN says businessmen teamed up with soldiers and politicians to steal mineral, shipped out via Uganda, Tanzania. TEA Graphic

Gold worth at least $400 million was smuggled out of the Democratic Republic of Congo to Uganda and other East African countries in 2013.

The latest United Nations report assessing the gold smuggling racket points out that this money is being used as a source of financing for the wars raging in the eastern DR Congo.