Mining Think Tank of Afghanistan’s Post

The Politics of Mining and Trading of Gold in Sudan: Challenges of Corruption and Lack of Transparency Elfadil Elsherief Elhashimi  The Geological Research Authority of Sudan (GRAS) estimated that every week between 50 and 100 kilograms of extracted gold are sent to Khartoum for black market sale and export.  75 per cent of gold gets smuggled. And smuggling is being enabled by the inconsistency of policies regulating the sector, monetary policies, corruption and militia control of the gold producing area of Jebel Amir.  Between 2010 and 2014, more than $4.5 billion worth of gold was smuggled from Sudan to the United Arab Emirates, according to the report of the U.N. panel of experts.3  The militia in Jebel Amir is in control of the gold producing areas and as a result has access to substantial amounts of money. This is a serious threat to peace, security and human rights in that it could position the militia to behave more aggressively and spark a new phase in the Darfur conflict,4 with tacit or explicit government approval.  The gold industry in Sudan is affected by the legal and institutional framework in Sudan, bureaucratic and political corruption, including embezzlement, cronyism and patronage.

Grand corruption in the oil and gas industry continues to be a pervasive issue, as evidenced by recent allegations against Addax Petroleum and Glencore. According to a grand jury indictment before the United States District Court for the Central District of California, Addax Petroleum allegedly paid a bribe to escape its $2.4 billion liability to Nigeria as part of an oil-lifting contract that began in 2001. Meanwhile, Glencore reportedly paid over $26 million in bribes to state-owned oil company officials in Cameroon, Ivory Coast, and Nigeria. These cases highlight the urgent need for greater transparency and accountability in the industry, and for international collaboration to combat corrupt practices. ANEEJ Benin City Erhisohwode Assurance Ovie Susan Hawley Mathias Huter Spotlight on Corruption UNCAC Coalition

New Post: Angela List’s Downfall: Mining Empire in Liberia Crumbles Under Corruption Charges - https://lnkd.in/e25Y8Rkg List’s Downfall: Mining Empire in Liberia Crumbles Under Corruption Chargeshttps://lnkd.in/e25Y8Rkg List’s once formidable empire is crumbling in a tangled web of corruption, manipulation, and controversy spanning across Liberia and Ghana. Angel List Angela List's once formidable empire is crumbling in a tangled web of corruption, manipulation, and controversy spanning across Liberia and Ghana. The collapse of her two decades marriage to Paul List, an Australian mining services mogul, coupled with her entanglements with associates across business cycles, is just but a trail of the wrecked bridge of controversy tied in her trail. Known for her toxic alliances with corrupt officials and her penchant for undermining economic reforms, List now finds herself losing her grip on power and influence as her connections abandon ship and her misdeeds come to light. Mining Concessions Crumble List, who has a history of leaving chaos in her wake, now faces the consequences of her actions in Liberia. Her mining concessions are being revoked due to her failure to deliver on promises, further cementing her reputation as a businesswoman whose touch only leads to implosion. Isolation and Backlash Amidst mounting legal troubles and accusations of fraud and embezzlement in countries like Ghana, Jordan, and Australia, List's business associates and political connections are starting to distance themselves from her. The once powerful figure now becomes increasingly isolated as the web of corruption she spun unravels. Media Manipulation and Misinformation To shield herself from scrutiny, List is allegedly leveraging her influence in the media to suppress free press publications about her and spread misinformation. Her efforts to control the narrative and deflect attention from her misdeeds demonstrate the lengths she is willing to go to protect her tarnished reputation. A Stain on Liberia and Ghana As Liberia and Ghana struggle with corruption and attract foreign investment, List's presence has only served to exacerbate these issues. Investors wary of engaging in countries rife with political manipulation and corruption are turning away, further hampering the economic development of these nations. A Call for Accountability The urgency to expel Angela List from the corridors of power is growing louder. Her toxic legacy threatens to hold back progress in Liberia and Ghana, hindering efforts to build transparent institutions, attract foreign investment, and combat entrenched corruption. As Angela List's empire crumbles and her true colours are revealed, Liberia and Ghana stand at a crossroads. Decisive action must be ta

https://lnkd.in/gixxJU_B Effects of corruption:Nigeria with abundant of crude oil and 4 refineries but fuel scarcity pesist from January to December. Why...? By Hugo Keji   The persistence of fuel scarcity in Nigeria, despite its abundant crude oil reserves and four refineries, can be attributed to a range of factors, many of which are linked to corruption and mismanagement. Here are some key reasons: 1. Corruption in the Oil Sector: Mismanagement of Resources: Corruption leads to the...

The corruption fight! To our political leaders a successful fight against corruption in our country Ghana does not lie in digitization nor declining to appoint members who desire to engage in mining or such related activities. Corruption is broad hence cutting of human hands ‘ interventions’ using digitization fails to deal with corruption in its broad operative. fighting corruption head on and scrapping off its remnants is by Empowering institutions to work independently according to their statutory mandate; am wondering why none of the Presidential candidates is not pledging to EMPOWER OUR INSTITUTIONS as its mantra to curb corruption. Can we all envisage the integrity the people of the nation will have in the CID (Police) if it publishes its outcome of a murder case that suspected a political person without the interference of the 3 Arms of Government. In our country you drive through red lights and the MTTD officer can’t arrest you because the offender knows a political figure. Why ! the integrity of findings by the OSPs or CHRAJ or EOCOs shall never be in doubt if these Organs are empowered and operate independently. This I believe will instill some decipline in our society and promote a citizenry who will not only obey the law but respect it at all times whether you are being watched or not. My take!

The corruption fight! To our political leaders a successful fight against corruption in our country Ghana does not lie in digitization nor declining to appoint members who desire to engage in mining or such related activities. Corruption is broad hence cutting of human hands ‘ interventions’ using digitization fails to deal with corruption in its broad operative. fighting corruption head on and scrapping off its remnants is by Empowering institutions to work independently according to their statutory mandate; am wondering why none of the Presidential candidates is not pledging to EMPOWER OUR INSTITUTIONS as its mantra to curb corruption. Can we all envisage the integrity the people of the nation will have in the CID (Police) if it publishes its outcome of a murder case that suspected a political person without the interference of the 3 Arms of Government. In our country you drive through red lights and the MTTD officer can’t arrest you because the offender knows a political figure. Why ! the integrity of findings by the OSPs or CHRAJ or EOCOs shall never be in doubt if these Organs are empowered and operate independently. This I believe will instill some decipline in our society and promote a citizenry who will not only obey the law but respect it at all times whether you are being watched or not. My take!

Mongolia: number of corruption cases grows by 9.5% in Mongolia in half a year. "The Prosecutor's Office supervised 1,366 investigations of corruption in the first half of 2024, which is an increase of 9.5% compared to last year, GoGo reported. 167 cases were transferred to court for resolution, including 120 facts of abusing authority and job position, 53 cases of taking bribe, 56 facts of giving bribe, and 4 facts of getting rich without reason.  Of 2.2 trillion tugriks losses caused by corruption, 1.6 trillion tugriks losses were compensated by the perpetrators. Assets worth 42.8 billion tugriks were seized from people and legal entities involved in criminal activities during the investigation, and assets worth 1.8 billion tugriks were confiscated. 67.5% of corruption was registered in Ulaanbaatar city and 32.5% in rural areas, the highest in Bayan-Ulgii, Selenge, and Sukhbaatar provinces. According to the Prosecutor General's Office of Mongolia, the crime of using politically influential job positions accounts for 79% of all corruption cases, while the crime of accepting bribes accounts for 17% and the crime of giving bribes accounts for 9.2%." https://lnkd.in/em-tDCa4

New Post: Angela List’s Downfall: Mining Empire in Liberia Crumbles Under Corruption Charges - https://lnkd.in/e8WC7wP3 List’s Downfall: Mining Empire in Liberia Crumbles Under Corruption Chargeshttps://lnkd.in/e8WC7wP3 List’s once formidable empire is crumbling in a tangled web of corruption, manipulation, and controversy spanning across Liberia and Ghana. Angel List Angela List's once formidable empire is crumbling in a tangled web of corruption, manipulation, and controversy spanning across Liberia and Ghana. The collapse of her two decades marriage to Paul List, an Australian mining services mogul, coupled with her entanglements with associates across business cycles, is just but a trail of the wrecked bridge of controversy tied in her trail. Known for her toxic alliances with corrupt officials and her penchant for undermining economic reforms, List now finds herself losing her grip on power and influence as her connections abandon ship and her misdeeds come to light. Mining Concessions Crumble List, who has a history of leaving chaos in her wake, now faces the consequences of her actions in Liberia. Her mining concessions are being revoked due to her failure to deliver on promises, further cementing her reputation as a businesswoman whose touch only leads to implosion. Isolation and Backlash Amidst mounting legal troubles and accusations of fraud and embezzlement in countries like Ghana, Jordan, and Australia, List's business associates and political connections are starting to distance themselves from her. The once powerful figure now becomes increasingly isolated as the web of corruption she spun unravels. Media Manipulation and Misinformation To shield herself from scrutiny, List is allegedly leveraging her influence in the media to suppress free press publications about her and spread misinformation. Her efforts to control the narrative and deflect attention from her misdeeds demonstrate the lengths she is willing to go to protect her tarnished reputation. A Stain on Liberia and Ghana As Liberia and Ghana struggle with corruption and attract foreign investment, List's presence has only served to exacerbate these issues. Investors wary of engaging in countries rife with political manipulation and corruption are turning away, further hampering the economic development of these nations. A Call for Accountability The urgency to expel Angela List from the corridors of power is growing louder. Her toxic legacy threatens to hold back progress in Liberia and Ghana, hindering efforts to build transparent institutions, attract foreign investment, and combat entrenched corruption. As Angela List's empire crumbles and her true colours are revealed, Liberia and Ghana stand at a crossroads. Decisive action must be ta

Corruption in the Industries of Minerals,Oil and Gas Many among us are not comfortable about discussing about corruption in these sectors.But these discussions need to be mainstreamed. Here, is an article that I wrote sometime back. https://lnkd.in/er4v4KgA

Corruption of Bangladesh and professional audit procedures https://lnkd.in/gdn9T7qi Corruption in Bangladesh and professional audit procedures: Corruption is a major problem in Bangladesh. It is estimated that corruption costs the country billions of dollars each year. Corruption can be found in all levels of government, from the highest offices to the lowest. It can also be found in the private sector, in businesses and organizations of all sizes. There are many different forms of corruption in Bangladesh. Some of the most common forms include: Bribery: This is the offering, giving, receiving, or soliciting of anything of value to influence the actions of an official or other person in charge...