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Suriname MP highlights millions lost to illegal gold mining tax evasion

1 report, 1 independent Updated Sat 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

MP Rabin Parmessar stated that the state of Suriname is losing millions of American dollars because gold miners in areas like Pelin Bergi are not paying taxes on their production. Parmessar noted that large-scale mining has been ongoing for six to seven years, producing hundreds of kilograms of gold weekly. President Jennifer Simons assured Parmessar that the government would take action soon to investigate the issue.

From surinametimes.com

Why it matters

Some supportBrind's analysis of the reports

The issue represents a substantial missed opportunity for the state to collect income from natural resources. Parmessar called for investigators to determine the total gold production, who is involved, and whether there is a link to Chinese multinational Zijin Mining.

From surinametimes.com

Who's involved

  • Rabin ParmessarSurinamese politician who raised concerns about tax evasion in mining
  • Jennifer SimonsPresident of Suriname who assured action would be taken
  • SurinameThe country where illegal gold mining is occurring and revenue is being lost

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • SurinameSpeculative

    Suriname might lose millions in tax revenue due to ongoing illegal mining operations.

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The entities involved

Coverage

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