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

InternationalTrump Jr arrives in Seoul to meet biz leaders amid tariff concerns

InternationalPhilippines slams China's 'Reckless' claim over disputed reef, asserts control remains unchanged

InternationalBritish MPs highlight persecution of minorities, fragile situation in Bangladesh

InternationalJaishankar discusses Pahalgam attack with Greek counterpart, welcomes Greece's opposition to cross-border terrorism

InternationalVideo postcard from Manipur becomes example of communal harmony