Panic in Govt As Chinese Loot Zimbabwe Economy - Report

The Chinese diamond mining firm, Jinan Mining, was said to have externalised US$546 million through an offshore transaction. Although the matter was reported to police for investigations, it was quickly swept under the carpet, writes The Financial Gazette.

Zimbabwe and China representatives signing the agreement (file photo).

Follow AllAfrica

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.