Complicit Dossier

Financial enablers and gatekeepers · gold refiner and bullion dealer · United Arab Emirates (Dubai / Sharjah)

Kaloti Precious Metals

كالوتي

  • Context only
  • Grade A: Official recordStrongest record: official record
  • 1 documented tie · 2 steps from the SAF

Also recorded as: Kaloti; Kaloti Jewellery International

Pre-war record only (2012-2019). No source reviewed names Kaloti, or any other UAE refinery, as a buyer of gold from army-held Sudan since April 2023. Kaloti denies ever sourcing conflict gold.

Flagged for legal review before publication.

Global Witness (July 2020) reported that between 2012 and 2019 Kaloti repeatedly acquired large quantities of gold from Sudan's central bank, which bought from Jebel Amer in Darfur, and that Swiss refiner Valcambi took about 20 tonnes from Kaloti and more than 60 tonnes from a Kaloti-linked company in 2018-2019. This is the only named refinery-level buyer of Sudanese state gold in any source reviewed, and it predates the war. CORRECTIV (May 2026) still describes Kaloti as 'suspected of sourcing gold from Sudan', citing 2023 media reports, and says Valcambi's imports from Dubai rose to 420 tonnes in 2025.

Their response

  • Kaloti told Global Witness it 'has never sourced conflict gold or gold from Darfur' and conducts enhanced due diligence. Valcambi says it accepts gold only from two vetted UAE refineries with written guarantees and annual checks (CORRECTIV, swissinfo).

Records

2

Each record carries its own grade. A grade describes the source for that record, not the actor.

Grade A: Official record

DMCC register: two active Kaloti companies at the DMCC gold refinery building

accessed 2026-10-03

The DMCC business directory lists two companies with Active licences at 'MTM & Gold Refinery DMCC', Enterprise Zone 3, DMCC Free Zone, Dubai: 'M KALOTI FZCO' (Unit G-02) and 'KALOTI PRECIOUS METALS SURINAME FZCO' (Unit G-03). The directory publishes no licence number, registration date, officers or shareholders. No entry was found for 'Kaloti Precious Metals' or 'Kaloti Jewellery' under that exact name, which may sit in another Dubai or Sharjah register that could not be queried. Nothing in the register relates to Sudan.

›Research notes

A for the register fact only; context.

  1. 1DMCC Business Directory (search 'kaloti') · dmcc.ae · 3 Oct 2026
Grade C: Single source

Kaloti - bought gold from the Central Bank of Sudan, 2012-2019 (Global Witness)

2012 - 2019

Global Witness (July 2020) reported that between 2012 and 2019 Kaloti repeatedly acquired large quantities of gold from Sudan's central bank, which bought from Jebel Amer in Darfur, and that Swiss refiner Valcambi took about 20 tonnes from Kaloti and more than 60 tonnes from a Kaloti-linked company in 2018-2019. This is the only named refinery-level buyer of Sudanese state gold in any source reviewed, and it predates the war. CORRECTIV (May 2026) still describes Kaloti as 'suspected of sourcing gold from Sudan', citing 2023 media reports, and says Valcambi's imports from Dubai rose to 420 tonnes in 2025.

Response
Kaloti told Global Witness it 'has never sourced conflict gold or gold from Darfur' and conducts enhanced due diligence. Valcambi says it accepts gold only from two vetted UAE refineries with written guarantees and annual checks (CORRECTIV, swissinfo).
›Research notes

Context for the buyer gap, not evidence of wartime purchases. The Global Witness PDF itself was not opened; the press release was read through the page reader.

  1. 1Global Witness press release: Beneath the Shine - Valcambi sources from UAE's Kaloti, which is linked to Sudanese conflict gold · globalwitness.org · 16 Jul 2020read via summary
  2. 2CORRECTIV.Schweiz: Schweizer Guetesiegel fuer Konfliktgold · correctiv.org · 7 May 2026read via summary
  3. 3SWI swissinfo.ch (Dominique Soguel): As Sudan's agony deepens, scrutiny sharpens on UAE and gold · swissinfo.ch · 5 Nov 2025read via summary

NamesCentral Bank

1 more record below grade A (corroborated, single-source or unverified). Change “Evidence shown” to see it.

1 more record at grade C (single source) or D (unverified lead). Change “Evidence shown” to see it.

Relationships

1

← means the other party acts on this one; → means this one acts on the other.

Money · 1

1 more relationship below grade A (corroborated, single-source or unverified). Change “Evidence shown” to see it.

1 more relationship at grade C (single source) or D (unverified lead). Change “Evidence shown” to see it.

Dated events

1

  1. Global Witness reports that UAE refiner Kaloti bought gold from Sudan's central bank between 2012 and 2019; Kaloti denies sourcing conflict gold. globalwitness.org

    Grade C: Single source

1 more event below grade A (corroborated, single-source or unverified). Change “Evidence shown” to see it.

1 more event at grade C (single source) or D (unverified lead). Change “Evidence shown” to see it.

Geography

Tags come from the recorded jurisdiction and from place names in the records. Coordinates on the map are approximate.

Based in
United Arab Emirates
Places
Darfur, Dubai

Position in the network

Derived by analysing the documented relationships. Nothing in this section is a finding.

Connected to the SAF only when single-source claims are counted.