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Private jet loaded with fake gold unfurls a mystery in 2 countries

Section: Daily Dispatches

By Lynsey Chutel and Vivian Yee
The New York Times
Monday, August 21, 2023

When Zambian authorities searched a private jet that arrived from Egypt last week, they found a mysterious trove that included millions of dollars in cash, hundreds of bars of what appeared to be gold, and weapons.

They arrested 12 people, six of them Egyptian citizens, and the haul stirred wild speculation in both countries. Zambian officials launched an inquiry into what they called a gold scam, eliciting a jittery response from Egyptian authorities.

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The Zambian officials said the gold was, in fact, fake -- made of copper and zinc, probably to fleece foreign buyers.

"This has been a clear case of scamming, gold scamming," Nason Banda, director general of the country's Drug Enforcement Commission, told a news conference days after the Aug. 14 raid. He said investigators at the airport had been tipped off beforehand about the plane's suspicious cargo. ...

... For the remainder of the report:

https://www.nytimes.com/2023/08/21/world/africa/egypt-zambia-plane.html

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