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24 Sep 2017

Zimbabwe: New report by Global Witness critical of the role of Zimbabwe's political elites & security sector in "disappearing Marange diamonds"; says international diamond companies complicit

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Global Witness has released a new report which uncovered new evidence that reveals how Zimbabwe’s Central Intelligence Organisation (CIO), the military, notorious smugglers, and political elites, all allegedly gained control or ownership of companies operating in Zimbabwe’s diamond fields. The report examines five major mining companies that have recently operated in the Marange diamond fields and may continue to hold a stake in its future: Kusena Diamonds, Anjin Investments, Jinan Mining, Diamond Mining Corporation (DMC), and Mbada Diamonds. It details steps taken to conceal their finances, shield their operations from public scrutiny, and hide their ultimate beneficiaries and owners. The five companies were in 2016 amalgamated into one company, Zimbabwe Consolidated Diamond Company (ZCDC) whose operations Global Witness says remains opaque. The report says that despite the role the security forces is alleged to have played in subverting Zimbabwe’s democracy and perpetrating serious human rights abuses, including in Marange diamond fields, Zimbabwean diamonds are traded freely on international markets with the Kimberley Process’ seal of approval. Rather than encouraging transparency and reforms, international demand has delivered a market for Zimbabwe’s diamonds. In a statement responding to the report by Global Witness, the Antwerp World Diamond Centre denied that Zimbabwean diamonds sold by its auction in 2013 and 2014 breached European sanctions.

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