Zim executives probed over US$40 million diamond funds

HARARE - The state-owned Zimbabwe Mining Development Corporation (ZMDC) is investigating suspended chief executive and general manager Dominic Mubayiwa and three other company executives over the siphoning of US$40 million in gold and diamond proceeds.

The probe comes as questions are being raised within ZMDC and in public about Mubayiwa's building of a huge mansion in Borrowdale.

ZMDC is trying to establish if there is a connection between the misuse of its funds and activities of the company's top management, including Mubayiwa's project. Repeated efforts to contact Mubayiwa over the issue were unsuccessful on Friday.

Editor's Comment
Prosecutors deserve better

These legal professionals, who are entrusted with upholding the rule of law, face numerous challenges that compromise their ability to effectively carry out their duties.Elsewhere in this edition, we carry a story on the lamentations of the officers of court.The prosecutors have raised a number of concerns, calling for urgent attention from all relevant stakeholders, including the President, Minister of Justice and the Attorney General. Their...

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