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Article

5 Apr 2013

Author:
Simeon Kerr in Dubai and Andrew England in Johannesburg, Financial Times

Mugabe in the money with gems lifeline

Over the past five years Dubai – known for its relentless pursuit of new markets and willingness to deal with all manner of regimes – has become a significant conduit for legal Zimbabwean exports of rough diamonds...Officials in Dubai say they did not import Zimbabwean gems when the Kimberly Process restricted Marange gem trade. They also deny claims made several years ago by its former chief executive that the Dubai bourse had turned a blind eye to “conflict diamonds”.