"US Cracks Down on Wagner Group's Gold Operations in Africa"

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Source: The Moscow Times
"US Cracks Down on Wagner Group's Gold Operations in Africa"
Photo: The Moscow Times
TL;DR Summary

The United States has imposed sanctions on companies involved in gold mining activities that fund the Wagner Group in Africa, aiming to hold the mercenaries accountable for their abuses. The sanctions target Midas Resources and Diamville, both controlled by Wagner Group's chief Yevgeny Prigozhin, as well as a Dubai-based company handling finances for Prigozhin's dealings. The U.S. Treasury Department stated that the Wagner Group funds its operations by exploiting natural resources in countries like the Central African Republic and Mali. The move comes days after the Wagner Group staged a mutiny in Russia, and the U.S. intends to disrupt the group's revenue streams to degrade its expansion and violence in Africa, Ukraine, and elsewhere.

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