The Permanent Secretary for Mines Francis Gudyanga should be fired within a month for aiding illicit financial outflows from the country’s diamonds and poor corporate governance, the parliamentary committee on Mines and Energy said yesterday.
In its report on the consolidation of diamond mining companies in Zimbabwe, the committee said the Minerals Marketing Corporation of Zimbabwe had lost US$4 million through illicit outflows in a deal in which Gudyanga was involved.
Committee chairman Daniel Shumba said the money was transferred through an agricultural company, Pedstock, to an unnamed person residing outside Zimbabwe.
The director of the company Jackson Dror admitted that he was being used to transfer the money.
Gudyanga admitted that the money was being transferred to a foreigner but said he could not disclose the identity of the person because this would “jeopardise the State security operations aimed at curbing leakages and smuggling of minerals”.
President Robert Mugabe at one time said Zimbabwe had lost $15 billion through illicit transfers from diamond sales.
The committee learnt that Gudyanga had “both personal and official links with Pedstock, where on several occasions he purchased or benefitted from agricultural equipment from or by the company”.
Continued next page
(111 VIEWS)
This post was last modified on May 3, 2017 10:53 am
Page: 1 2
Zimbabwe’s currency, the ZiG, kicked off the week on a positive note after firming to…
Twenty-five white Zimbabwean farmers who took their R2 billion land damages claim to the South…
Africans must now tell their own stories because if they continue to denigrate themselves they…
Quarterly taxes, which are due next month, will force businesses to sell a quota of…
Zimbabweans will soon be able to change their ZiG to United States dollars and vice-versa…
Senator Sengezo Tshabangu yesterday expressed dismay at the pace at which the government is constructing…