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"Zimbabwe Won't Recover Missing $15 Billion Diamonds Revenue"

6 years agoSat, 09 Jun 2018 08:13:21 GMT
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"Zimbabwe Won't Recover Missing $15 Billion Diamonds Revenue"

In a report, the Temba Mliswa chaired Mines Parliamentary Portfolio Committee told Parliament’s last sitting on Thursday that it was now clear that the country would not recover its $15 billion missing diamonds revenue.

This comes after former Mines ministry secretary Francis Gudyanga MPs said that the syndicates involved will ensure the truth does not come out. Current Mines ministry secretary Munesuishe Munodawafa also told the committee that Auditor-General (AG) Mildred Chiri had been engaged to conduct a forensic audit on the joint venture companies, but failed to locate them. Part of the report reads:

The former Mines secretary, Gudyanga informed the committee that the truth will never come out on the missing diamond revenues. He stated that: ‘when it comes to diamonds, there are syndicates that are very sophisticated in the country and outside the country and many people get involved. Many beneficiaries get involved to ensure that the truth never comes out.

More: NewsDay

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