City
Epaper

Eight traders arrested in Tanzania for smuggling gold

By ANI | Updated: May 29, 2022 23:30 IST

Eight traders have been arrested in Tanzania's northwestern region of Geita in connection with smuggling out of the country an unspecified amount of gold, an official said on Sunday.

Open in App

Eight traders have been arrested in Tanzania's northwestern region of Geita in connection with smuggling out of the country an unspecified amount of gold, an official said on Sunday.

Doto Biteko, the Minister for Minerals, announced the arrest of the eight traders in a meeting with small-scale miners at the Lwamgasa area in the gold-rich Geita region.

Biteko said the government launched a clampdown on unfaithful gold traders after sales started going down in minerals trading centers.

"The eight traders have been detained helping police in their investigations," said the minister who declined to mention the amount of gold found in possession of the traders on investigative reasons.

Biteko urged traders to stop buying gold in the streets and instead buy the precious stones in state-run mineral trading centers.

In 2019, Tanzania set up government-controlled minerals trading centers in efforts aimed at curbing illegal exports of gold and other precious minerals.

The trading centers give small-scale miners direct access to a formal, regulated market where they can go and directly trade their gold. (ANI/Xinhua)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Minister for mineralsDoto biteko
Open in App

International Realted Stories

InternationalPakistan: Over 50 killed due to heavy rain and flash floods

InternationalEAM Jaishankar reiterates India's right to defend against terrorism, asks Quad understanding

InternationalRubio focuses on diversifying global supply chain of critical minerals at Quad Foreign Ministers meet

InternationalIran still needs more time to decide on resuming talks with US: Araghchi

InternationalRussia has no intention to delay talks on Ukraine: Kremlin