{"id":39298,"date":"2024-12-10T03:43:37","date_gmt":"2024-12-10T08:43:37","guid":{"rendered":"https:\/\/newssprinters.com\/index.php\/world\/uk-sanctions-kenyan-businessman-over-illicit-gold-trade\/10\/12\/2024\/"},"modified":"2024-12-10T03:43:37","modified_gmt":"2024-12-10T08:43:37","slug":"uk-sanctions-kenyan-businessman-over-illicit-gold-trade","status":"publish","type":"post","link":"https:\/\/newssprinters.com\/index.php\/world\/uk-sanctions-kenyan-businessman-over-illicit-gold-trade\/10\/12\/2024\/","title":{"rendered":"UK sanctions Kenyan businessman over illicit gold trade"},"content":{"rendered":"<p>\n<\/p>\n<div data-article-body=\"true\">\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">The UK and US governments have imposed sanctions on a British-Kenyan businessman over his alleged involvement in the illicit gold trade.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Kamlesh Pattni, and four others including his wife and brother-in-law, will have their assets frozen, a <a href=\"https:\/\/www.gov.uk\/government\/news\/new-anti-corruption-champion-and-nca-funding-as-campaign-against-corruption-steps-up\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:statement from the UK Foreign and Commonwealth and Development Office;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">statement from the UK Foreign and Commonwealth and Development Office<\/a> read.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">He was implicated in one of Kenya&#8217;s biggest corruption scandals, Goldenberg, which is believed to have cost the country at least $600m (\u00a3470m). He has since faced allegations of involvement in the illicit gold trade in Zimbabwe, which he has previously denied.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">The BBC has asked him for comment.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">&#8220;Illicit gold is an assault on the legitimate trade of a valuable commodity, fuelling corruption, undermining the rule of law, and entrenching human rights abuses such as child labour,&#8221; read the UK statement.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">It goes to say that Russia uses illegal gold to fund its war in Ukraine.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">&#8220;Russia uses the illicit gold trade to launder money and evade sanctions, and in doing so bolsters [President Vladimir] Putin&#8217;s war efforts.&#8221;<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">The UK and other Western countries <a href=\"https:\/\/www.bbc.co.uk\/news\/business-61941589?xtor=AL-72-%5Bpartner%5D-%5Byahoo.north.america%5D-%5Blink%5D-%5Bnews%5D-%5Bbizdev%5D-%5Bisapi%5D\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:banned the import of Russian gold in 2022;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">banned the import of Russian gold in 2022<\/a> to stop Moscow&#8217;s ability to fund the war.<\/p>\n<ul class=\"col-body mb-4\">\n<li class=\"ml-4 list-disc\"\/><\/ul>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">The UK said the sanctions were meant to &#8220;disrupt and deter&#8221; the business dealings of Pattni.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">He was allegedly one of the key architects of the Goldenberg scandal &#8211; a major gold and currency fraud in the 1990s which almost bankrupted Kenya and involved senior members of Kenya&#8217;s government.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">He faced a trial in 2006 for his alleged role in the scheme, but proceedings collapsed. Pattni later became a self-proclaimed pastor.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">According to the US Treasury, Pattni was friends with former Zimbabwe President Robert Mugabe and used this relationship to make money by exploiting the country&#8217;s natural resources.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">&#8220;This fraudulent scheme robbed Zimbabwe&#8217;s citizens of the benefit of those natural resources while enriching corrupt government officials and criminal actors,&#8221; it read.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">Pattni was implicated in Al-Jazeera&#8217;s explosive investigation into the &#8220;gold mafia&#8221; in Zimbabwe. He denied any involvement in money laundering or gold smuggling.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">The US Treasury said Pattni&#8217;s illegal network spanned multiple countries.<\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\">The announcement comes as the UK government outlined a new programme to help tackle global corruption.<\/p>\n<h2 class=\"col-body mb-4 text-xl font-bold md:text-2xl\">You may also be interested in:<\/h2>\n<figure class=\"col-body mb-4\">\n<div class=\"relative\"><button aria-label=\"View larger image\" class=\"group absolute bottom-3 right-3 size-10 md:size-[50px] lg:inset-0 lg:size-full lg:bg-transparent\" data-ylk=\"elm:expand;itc:1;sec:image-lightbox;slk:lightbox-open;\"><span class=\"absolute bottom-0 right-0 rounded-full bg-white p-3 opacity-100 shadow-elevation-3 transition-opacity duration-300 group-hover:block group-hover:opacity-100 md:p-[17px] lg:bottom-6 lg:right-6 lg:bg-white\/90 lg:p-5 lg:opacity-0 lg:shadow-none\"><svg viewbox=\"0 0 22 22\" aria-hidden=\"true\" class=\"size-4 lg:size-6\" width=\"22\" height=\"22\"><path d=\"M12.372.92c0-.506.41-.916.915-.916L21 0l-.004 7.712a.917.917 0 0 1-1.832 0V3.183l-6.827 6.828-1.349-1.348 6.828-6.828h-4.529a.915.915 0 0 1-.915-.915M1.835 17.816l6.828-6.828 1.349 1.349-6.829 6.827h4.529a.915.915 0 0 1 0 1.831L0 21l.004-7.713a.916.916 0 0 1 1.831 0z\"\/><\/svg><\/span><\/button><dialog aria-label=\"Modal Dialog\" aria-modal=\"true\" class=\"fixed inset-0 z-[4] size-full max-h-none max-w-none bg-white hidden\"\/><\/div><figcaption class=\"relative text-sm mt-1 pr-2.5\">\n<p>[Getty Images\/BBC]<\/p>\n<\/figcaption><\/figure>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\"><em>Go to <\/em><a href=\"http:\/\/bbcafrica.com\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:BBCAfrica.com;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><em>BBCAfrica.com<\/em><\/a><em> for more news from the African continent.<\/em><\/p>\n<p class=\"col-body mb-4 text-lg md:leading-8 break-words min-w-0\"><em>Follow us on Twitter <\/em><a href=\"https:\/\/twitter.com\/BBCAfrica\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:@BBCAfrica;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><em>@BBCAfrica<\/em><\/a><em>, on Facebook at <\/em><a href=\"https:\/\/www.facebook.com\/BBCnewsafrica\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:BBC Africa;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><em>BBC Africa<\/em><\/a><em> or on Instagram at <\/em><a href=\"https:\/\/www.instagram.com\/bbcafrica\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:bbcafrica;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><em>bbcafrica<\/em><\/a><\/p>\n<h2 class=\"col-body mb-4 text-xl font-bold md:text-2xl\">BBC Africa podcasts<\/h2>\n<ul class=\"col-body mb-4\">\n<li class=\"ml-4 list-disc\"\/>\n<li class=\"ml-4 list-disc\"\/><\/ul>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><script async src=\"\/\/www.instagram.com\/embed.js\"><\/script><\/p>\n<p><a href=\"https:\/\/www.yahoo.com\/news\/uk-sanctions-kenyan-businessman-over-195822744.html\" target=\"_blank\" rel=\"noopener nofollow\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The UK and US governments have imposed sanctions on a British-Kenyan businessman over his alleged involvement in the illicit gold trade. Kamlesh<br \/><button class=\"read-more\"><a href=\"https:\/\/newssprinters.com\/index.php\/world\/uk-sanctions-kenyan-businessman-over-illicit-gold-trade\/10\/12\/2024\/\">Read More &rsaquo;<\/a><\/button><\/p>\n","protected":false},"author":1,"featured_media":39300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[2],"tags":[],"_links":{"self":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts\/39298"}],"collection":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/comments?post=39298"}],"version-history":[{"count":0,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/posts\/39298\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/media\/39300"}],"wp:attachment":[{"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/media?parent=39298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/categories?post=39298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newssprinters.com\/index.php\/wp-json\/wp\/v2\/tags?post=39298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}