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Home » Mali seizes 88 bars of gold worth $8.5 million hidden in car
International

Mali seizes 88 bars of gold worth $8.5 million hidden in car

Israel Boafo Bansah
Last updated: December 22, 2020 12:21 pm
By Israel Boafo Bansah
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Mali seizes 88 bars of gold worth $8.5 million hidden in car
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Customs officers in southern Mali have seized gold estimated to be worth seven million euros (US$8.5 million) hidden in a car, officials said Monday.

The 143 kilograms (315 pounds) of gold was en route to neighbouring Guinea.

Mali’s borders are porous and seizures of gold are frequent.

The 88 bars discovered overnight Saturday were “destined to be exported without the knowledge of customs officers, which would have disrupted our economy”, said Amidou Fakourou Bakagha, deputy director general of the customs service.

The poor and landlocked country in western Africa is the fifth-biggest gold producer on the continent, according to the World Bank.

Its industrial and small-scale mining makes the precious metal the country’s biggest export product, according to the same source – AFP

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By Israel Boafo Bansah
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ABOUT POST EDITOR ..... Bansah obtained a degree from the University of Ghana where he started a campus news network (LegonConnect) as a student. He has been in the blogging and journalism space for over 7years now and well known among bloggers most of which he has mentored into creating a career through writing. He's well known for his passion for education and his philanthropic gestures towards needy students. eMail - [email protected]
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