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Gobal Witness: Zimbabwe Failing to Account for Missing $2 Billion

  • Blessing  Zulu

An illegal diamond dealer from Zimbabwe displays diamonds for sale in Manica, near the border with Zimbabwe, September 19, 2010.

An illegal diamond dealer from Zimbabwe displays diamonds for sale in Manica, near the border with Zimbabwe, September 19, 2010.

Global Witness says more than $2 billion in revenues Zimbabwe derives in taxes from mining companies is still missing from state coffers with no one to officially blame.

The organization campaigns against natural resource-related conflict and corruption. But the Zimbabwe Mining Development Corporation (ZMDC) has dismissed the Global Witness reports though its previous chairman is under investigation for alleged corruption.

Global Witness spokesperson Emily Amistead says she fears the money will be used to oppress Zimbabweans.

Findings by the parliamentary mines committee also point to shady dealings in the Marange diamond fields. The report says powerful officials, politicians and police and army commanders repeatedly tried to thwart the probe into diamond dealings.

Former Finance Minister Tendai Biti throughout his tenure complained that money generated from the sale of diamonds was not being brought to Treasury.

ZMDC chairperson Florence Gowora said diamond operations in Marange are transparent.

But human rights and senior researcher at Human Rights Watch, Dewa Mavhinga, said the situation in Marange is worrying.



But human rights and senior researcher at Human Rights Watch, Dewa Mavhinga, said the situation in Marange is worrying.
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