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Directors of Zimbabwe diamond venture held for fraud
Nov. 04, 2010 04:57AM PST
Gem InvestingReuters.com reports that six directors have been arrested in connection with the controversial Marange gem fields
Reuters.com reports that six directors have been arrested in connection with the controversial Marange gem fields.
The story is quoted as saying:
The directors were facing charges of misrepresenting to government that the joint venture firm had the capacity to fund mining operations at its Marange concession, the state-controlled Herald newspaper said.