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    Zimbabwe’s diamonds are dirty, claims Wikileaks

    Investing News Network
    Dec. 13, 2010 11:30AM PST
    Gem Investing

    The Times of India.com reports that, according to WikiLeaks, the Zimbabwean Diamond trade is corrupt

     The Times of India.com reports that, according to WikiLeaks, the Zimbabwean Diamond trade is corrupt.

    The story is quoted as saying:

    The Wikileaks expose is likely to impact the ongoing decision making process by international diamond regulator — Kimberley Process — and the member countries on allowing rough diamond export from the Marange diamond fields in Zimbabwe. The KPCS has failed to break an international deadlock over Zimbabwe’s suspended diamond export at two consecutive meetings. In the first meeting organised in Israel on November 1, no agreement was reached on whether to allow Zimbabwe to export its rough diamonds from Marange fields after opposition by the members from Canada, Europe and Australia.

    To access the full story,click here

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