SA firms `in shady Zim deals`

source: Fin24
Feb 08 2010 21:56

Harare – Controversy deepened on Monday over the Zimbabwean government’s handling of the Chiadzwa diamond field in the eastern Zimbabwe, with revelations of serious irregularities by the mines minister and the South African companies involved.

A parliamentary committee heard on Monday of the attempted illegal sale of 300 000 carats of diamonds by officials of a South African-based company that was supposed to be in partnership with a Zimbabwe state mining company.

Also revealed were allegedly unprocedural appointments by Mines Minister Obert Mpofu to the board of the joint venture company, and the theft of 27 high-quality diamonds by top executives of a second company also working the diamond fields in partnership with [continue reading]

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