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    Diamonds Worth US$1bn Missing

    Investing News Network
    Aug. 13, 2011 02:21AM PST
    Gem Investing

    The Financial Gazette reports Zimbabwe has potentially lost revenues in excess of US$1 billion.

    The Financial Gazette reports Zimbabwe has potentially lost revenues in excess of US$1 billion.

    The market news is quoted as saying,

    Biti’s claims coincide with reports by the United Kingdom’s BBC Panorama investigative series alleging the existence of torture camps near the controversial Chiadzwa diamond fields in Marange where civilians are reportedly being subjected to severe beatings and sexual attacks.
    Mines Minister, Obert Mpofu has strongly denied the existence of the torture camps, calling it “cheap propaganda from the BBC.”

    For the complete market news, click here.

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