01385nam a22001217a 4500 Flynn, Danie Gold, diamonds fuelling conflict in Central African Republic: U.N. panel New York Reuters 2014. The article is based on the UN panel findings on IFFs in CAR.Gold and Diamond sales are being used to finance conflict in CAR as UN peacekeepers need to monitor mining sites to clamp down on illicit trade.An additional 140,000 carats of diamonds ,valued at $24 million ,has been smuggled out of the country despite the The Kimberly Process`s imposed ban on raw gems from CAR.Major evidence of illicit trade include Seleka fighters who are imposing taxes on a wide range of goods from gold mining to coffee,livestock and diamonds to fund their operations.Competion among political representatives of armed groups for ministerial positions ,as well as military commanders for control of resources accounts for most of IFFs in CAR. ARMS TRAFFICKING CAPITAL FLIGHT CAPITAL OUTFLOW CORRUPTION CUSTOMS ENVIRONMENT FAKING TRANSACTIONS FALSE BILLING ILLICIT WEALTH KICKBACKS MONEY LAUNDERING NATURAL RESOURCES PRIVATE CAPITAL SMUGGLING TAX EVASION TAX HAVENS TAXES TERRORISM TRANSFER PRICING TRANSPARENCY http://iffoadatabase.trustafrica.org/iff//gold,_diamonds_fuelling_conflict_in_central_african_republic.docx NA 203 203