Gold for oil policy at risk of illicit financial flows – ISSER
Reporting Oil and Gas
NOVEMBER 20, 2023
Dzanku highlighted the ambiguity surrounding the gold’s refinery status before sale, opening avenues for mispricing and undervaluation when exchanged for oil. billion over a decade (2012-2021) due to mis-invoicing, while illicit outflows through export under-invoicing amounted to $5.11
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