Massive Diamond Plunder in Zimbabwe Exposed in Leak
Deputy Chief Secretary to the President and Cabinet, Martin Rushwaya set up an offshore shell company in the Seychelles which was used to trade in diamonds while serving as defence secretary, leaked financial documents show. Rushwaya, a relative of President Emmerson Mnangagwa created Greatgem Corp. in the Seychelles in 2010, with the help of a law firm based in Moscow, Russia.
Details of Rushwaya's shell company are contained in a massive leak of financial documents published by several major news organisations, that allegedly tie world leaders to secret stores of wealth, including King Abdullah of Jordan, Czech Prime Minister Andrej Babis and associates of Russian President Vladimir Putin.
Zimbabwe has gained no tangible benefit from the Chiadzwa diamonds, which speaks to the high level of corruption during former president Robert Mugabe's rule. Now under Mnangagwa, mystery surrounds the return of army-linked Chinese diamond mining firm Anjin, and the awarding of a license to Russian gem conglomerate Alrosa, for mining at Manicaland's Chiadzwa diamond fields.
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Zimbabwe:
Massive Diamond Plunder Exposed in Leak
New Zimbabwe, 5 October 2021
Deputy chief secretary to the president and cabinet, Martin Rushwaya set up an offshore shell company in the Seychelles which was used to trade in diamonds while serving as defence… Read more »
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Zimbabwe:
Diamonds Worth U.S.$140 Million Vanish
New Zimbabwe, 14 July 2021
Round diamonds worth an estimated US$140 million dollars have disappeared from the supposedly impenetrable Minerals Marketing Corporation of Zimbabwe (MMCZ) and Zimbabwe… Read more »
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Zimbabwe:
Security Forces Descend On Diamond Panners
263Chat, 20 September 2021
Zimbabwe Republic Police and the Zimbabwe National Army (ZNA) last week descended on Charleswood Estate in Chimanimani under a joint operation to remove hundreds of artisanal… Read more »
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Zimbabwe:
Diamond Firm ZCDC Under Parliament Scrutiny
New Zimbabwe, 20 July 2021
The Parliamentary Portfolio Committee Mines and Mining Development queried the existence of the Zimbabwe Consolidated Diamond Company (ZCDC) as a state-controlled entity during a… Read more »
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Zimbabwe:
Zimbabwe Consolidated Diamond Company Created to Enhance Transparency in the Diamond Sector
The Herald, 23 August 2021
Government established the Zimbabwe Consolidated Diamond Company to foster transparency and growth in diamond sector, the company's board member, Mr Peter Chimbodza has said. Read more »
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Zimbabwe:
Future Bright for Diamond Production
The Herald, 20 July 2021
The Zimbabwe Consolidated Diamond Company posted a profit of US$26,35 million on production of 151,3kg of diamonds for the first half of this year, with profits being just over 40… Read more »
InFocus
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Round diamonds worth an estimated U.S.$140 million have reportedly disappeared from the supposedly impenetrable Minerals Marketing Corporation of Zimbabwe (MMCZ) and Zimbabwe ... Read more »
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Startling details have emerged of how the late former president Robert Mugabe and his family worked with top parastatal and security bosses to ship high-grade diamonds and ivory ... Read more »
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China has reportedly launched an attack on Tawanda Majoni, a senior Zimbabwean journalist, accusing him of corruption and harbouring political ambitions after Majoni queried the ... Read more »
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The U.S. has banned the trade of artisanal rough cut diamonds from Marange on allegations that they were produced using forced labour as problems continue to mount on President ... Read more »
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Zimbabwe has gained no tangible benefit from the Chiadzwa diamonds, which speaks to the high level of corruption during former president Robert Mugabe's rule. Now under President ... Read more »
(File photo).