Smuggled-Diamond Revenue Flows to Mugabe’s Zimbabwe Ahead of 2011 Election

- December 29th, 2010

Bloomberg.com reports that border smugglers are generating revenue back to Zimbabwean politicians.

Bloomberg.com reports that border smugglers are generating revenue back to Zimbabwean politicians.

The story is quoted as saying:

Chikwere and hundreds of other border smugglers are part of a chain whose money flows back into Zimbabwe, whose president for three decades, Robert Mugabe, has ruled over four violent and disputed elections since 2000. Mugabe’s policies of land seizure helped cause the economy, once the second-biggest in southern Africa, to shrink by 50 percent in eight years.

To access the full story, click here.

Get the latest Diamond Investing stock information

Get the latest information about companies associated with Diamond Investing Delivered directly to your inbox.

Diamond Investing

Leave a Reply