
Gold bullion at Istanbul Gold Refinery in Istanbul.
Photographer: Ozan Kose/AFP/Getty Images
City Of London
London Laundering Case May Hold Clues to Guinea’s Gold
A murky deal stretching across three continents raises questions about the city’s bullion market.
The government of Guinea wants to know what happened to three tons of its gold. The answer may lie in London.
In March, Guinean authorities arrested a former head of the central bank and charged him with embezzlement after the custodian of the gold, Belgian refiner Affinor BVBA, said it was unable to return it.