{"id":55708,"date":"2025-10-14T01:07:24","date_gmt":"2025-10-13T22:07:24","guid":{"rendered":"https:\/\/sudanevents.com\/?p=55708"},"modified":"2025-10-14T01:07:24","modified_gmt":"2025-10-13T22:07:24","slug":"gold-exporters-association-accuses-entities-of-buying-gold-above-global-prices","status":"publish","type":"post","link":"https:\/\/sudanevents.com\/index.php\/2025\/10\/14\/gold-exporters-association-accuses-entities-of-buying-gold-above-global-prices\/","title":{"rendered":"Gold Exporters\u2019 Association Accuses Entities of Buying Gold Above Global Prices"},"content":{"rendered":"

Sudan Events – Rehab Abdullah<\/strong><\/p>\n

The Gold Exporters\u2019 Chamber condemned a meeting held by the executive branch\u2014led by the Prime Minister, economic sector ministers, and the Central Bank Governor\u2014with individuals claiming to represent the Gold Export Committee, while excluding the legitimate and legally recognized exporters\u2019 chamber.<\/p>\n

In a statement received by Al-Ahdath, the Chamber questioned: \u201cBy what authority did this group gain legitimacy, and under what law were they allowed to meet with the Prime Minister without any legal basis?\u201d<\/p>\n

Chairman of the Gold Exporters\u2019 Chamber, Abdulmonem Al-Siddiq Alam, stated that this group received backing from influential figures within the state, which enabled them to meet the Prime Minister and threaten to remove anyone opposing their interests.<\/p>\n

Al-Siddiq accused the group of contributing to the destruction of the Sudanese economy, prompting the Chamber to issue a statement declaring it would confront those working to undermine the national economy, devalue the Sudanese pound, and burden citizens. He said these entities had been purchasing gold at prices above global market rates, leading to severe economic deterioration.<\/p>\n

He also called on the Prime Minister to form a committee to review export revenues since the outbreak of the war, comparing declared export volumes with actual national benefit\u2014amid suspicions that large sums were diverted or withheld.<\/p>\n

\u201cThis gold was extracted from Sudanese soil,\u201d he said, \u201cyet the Sudanese people have not benefited from it.\u201d<\/p>\n

Al-Siddiq reiterated the Chamber\u2019s call for accountability of those who illegally enriched themselves from the nation\u2019s resources. He acknowledged the Chamber\u2019s previous disagreements with recent policies granting the Central Bank exclusive control over gold exports but said they had since endorsed the decision, recognizing the Bank\u2019s role in safeguarding Sudan\u2019s economic interests.<\/p>\n

He pledged the Chamber\u2019s full support for the Central Bank\u2019s gold export policies, free of personal interests, emphasizing that gold remains Sudan\u2019s most vital resource for resolving economic challenges under current extraordinary conditions.
\nHe concluded by affirming that the Chamber would not remain silent in the face of corruption.<\/p>\n","protected":false},"excerpt":{"rendered":"

Sudan Events – Rehab Abdullah The Gold Exporters\u2019 Chamber condemned a meeting held by the executive branch\u2014led by the Prime Minister, economic sector ministers, and the Central Bank Governor\u2014with individuals claiming to represent the Gold Export Committee, while excluding the legitimate and legally recognized exporters\u2019 chamber. In a statement received by Al-Ahdath, the Chamber questioned: …<\/p>\n","protected":false},"author":2,"featured_media":46973,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-55708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic"],"_links":{"self":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/55708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/comments?post=55708"}],"version-history":[{"count":1,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/55708\/revisions"}],"predecessor-version":[{"id":55709,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/posts\/55708\/revisions\/55709"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/media\/46973"}],"wp:attachment":[{"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/media?parent=55708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/categories?post=55708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sudanevents.com\/index.php\/wp-json\/wp\/v2\/tags?post=55708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}