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30 Jun 2013

Rights and Accountability in Development

[PDF] Sanctions, violence, pensions and Zimbabwe: A New York hedge fund, a London-traded mining company and the stealing of an election?

[Business & Human Rights Resource Centre invited Och Ziff and ENRC to respond. The companies did not respond]In the 2008 election...Robert Mugabe retained the presidency of Zimbabwe after a campaign of horrific brutality...According to media reports...the violence was financed by the money...channelled to the Mugabe government...by a UK-traded mining company...Central African Mining & Exploration Company plc (CAMEC) [part of ENRC]...[T]he money for the loan came from OZ Management LP, a subsidiary of Och Ziff...Up to 200 people were killed, 5,000 more were beaten and tortured, and 36,000 people were displaced...

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