Diamonds Worth US$1bn Missing

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.”

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