UNITED NATIONS (Reuters) - An eight-year-old U.N. embargo has failed to stop the illicit production and trafficking of Ivory Coast rough diamonds that are continuously being smuggled out of the West African country and could be funding illegal arms purchases, U.N. experts say.
In an interim report to the Security Council, the so-called U.N. Group of Experts - which monitors compliance with the Ivory Coast sanctions regime - also said they plan to investigate a possible network based in South Africa that is involved in the trade of diamonds between Africa and Asia.
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