'Blood gold': How Putin is still raking billions from Wagner group
Thursday, 14 December 2023
The comprehensive report titled 'The Blood Gold Report' released in December 2023 sheds light on the lucrative operations of the Wagner Group in Africa, revealing how these activities fund Russia's war in Ukraine. The report highlights that Wagner, a Kremlin-financed private military company, has evolved into a complex network of contractors and front companies. Wagner's operations also involve securing lucrative contracts for gold extraction. The report estimates that Wagner and Russia have earned over $2.5 billion from the trade of 'blood gold' since the invasion of Ukraine.
The comprehensive report titled 'The Blood Gold Report' released in December 2023 sheds light on the lucrative operations of the Wagner Group in Africa, revealing how these activities fund Russia's war in Ukraine. The report highlights that Wagner, a Kremlin-financed private military company, has evolved into a complex network of contractors and front companies. Wagner's operations also involve securing lucrative contracts for gold extraction. The report estimates that Wagner and Russia have earned over $2.5 billion from the trade of 'blood gold' since the invasion of Ukraine.
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