News / National
Spooks co-owned Zimbabwe diamond mine
10 Apr 2018 at 10:25hrs | Views
FORMER director-general of the Central Intelligence Organisation (CIO), Happyton Bonyongwe told parliament this Monday that the department did not receive anything from the sale of diamonds mined at its Kusena Mine at the Marange diamond fields.
The mining operation was jointly owned by the CIO and China International Fund which later pulled out and was replaced by the Zimbabwe Mining Development Corporation (ZMDC).
The Chinese had invested over $10 million, according to the retired chief spy.
Bonyongwe said the 2009 move by the president's office, through CIO, to involve itself with mining diamonds in Marange was meant to augment "the meagre finances (for the department) which were coming from the Finance ministry".
He, however, insisted that the spy organisation did not receive anything from operations until the department's exit from the joint venture in 2013.
The mining operation was jointly owned by the CIO and China International Fund which later pulled out and was replaced by the Zimbabwe Mining Development Corporation (ZMDC).
Bonyongwe said the 2009 move by the president's office, through CIO, to involve itself with mining diamonds in Marange was meant to augment "the meagre finances (for the department) which were coming from the Finance ministry".
He, however, insisted that the spy organisation did not receive anything from operations until the department's exit from the joint venture in 2013.
Source - newzimbabwe
