Jersey accused in row over 'sale of war zone blood-gold'

Jersey financial regulators and the police have been accused of failing to act against a firm allegedly involved in moving gold sourced from a war zone. Swiss company, Hussar Ltd, is nominally owned by a Jersey trust company. It is the subject of an inquiry by Swiss authorities over claims it procured gold from the DR Congo linked to rebel militia, so-called blood-gold. The Jersey Financial Services Commission said Hussar was not a regulated financial company. The allegations that employees of Hussar Limited supplied the metal to Switzerland-based gold refiner Argor-Heraeus SA in the period 2004-5, are being investigated by Swiss regulators. 'Compelling' evidence Argo-Heraeus has previously

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