BBC News – Gold market breaches ‘covered up’ (Newsnight Whistleblower Report)

February 26, 2014 in cfci, Human Rights News by Rob Hallam

A timely article given the latter part of today’s meeting on the front page of BBC News as part of a Newsnight report on conflict minerals failings in Dubai:

BBC News – Gold market breaches 'covered up'.

Dubai’s biggest gold refiner committed serious breaches of the rules designed to stop gold mined in conflict zones from entering the global supply chain, a whistleblower has revealed.

The article gives a good level of backgroun info as well as reporting on the Dubai situation. That someone had to resign and blow the whistle on the auditing practices goes to show quis custodiet ipsos custodes applies as much to the conflict mineral supply chain. There needs to be vigilance and pressure at all levels.