Browsing: pandora papers

Zimbabwediamonds ReutersGallo.width 1200

To get their hands on Zimbabwe’s diamond, they conspire with the country’s top government officials and according to the leaked papers, the corruption runs deep, all the way to the very executive.

Makes you wonder, what is hurting the Zimbabwean people more, the US sanctions or the internal usurping of millions of dollars by corrupt government officials and their international partners in crime.

Zimbabwean diamonds go for as high as USD12 000 per carat. To get a picture of how much this racket is worth, consider report findings that have revealed that 350 000 carats of round diamonds worth an estimated USD140 million dollars have disappeared from the Minerals Marketing Corporation of Zimbabwe (MMCZ) and the Zimbabwe Consolidated Diamond Company (ZCDC) repositories.…