Our hands are clean: Anjin

HARARE - Diamond mining firm Anjin, a joint venture between the country’s military and a Chinese-owned conglomerate, did not violate any laws in its transaction of 3,7 million carats of diamonds worth $200 million, the company’s bosses said yesterday.

Anjin director Munyaradzi Machacha told a news conference in the capital that the company has been operating above board.

According to Machacha, everything was done above board and the diamond mining company has records of a $112 million transaction for 3,37 million carats of diamonds that were transported out of the country.

The Anjin boss said Defence minister Sydney Sekeramayi — who was then the acting minister of Mines, approved the diamond transaction several years back.

“...that export in question was done above board with all relevant supporting documentation required for the lawful export of the diamonds from Zimbabwe . . .

“The export permits for the 3,37 million carats were duly signed by...Sekeramayi in his capacity as acting minister of Mines after all the requirements for authorisation of the diamond exports by the relevant state agencies had been met,” Machacha said.

Anjin is a joint venture between Chinese Anhui Foreign Economic Construction Company (Afec) and a Matt Bronze who represents government interests in the company on a 50-50 shareholding basis.

Machacha noted that the company, which dragged government to court contesting its expulsion from the diamond fields, does not have control of what happens once diamonds have been sold.

“We therefore got nothing to do with the placement of diamonds on the Shanghai financial services hub by the customer whether real or fictional,” he said.

The Anjin boss noted that the tendering process and valuation of diamonds had the full involvement of the ministry of Mines and Mining Development through the Mineral Marketing Corporation of Zimbabwe (MMCZ).

Recently, Mines minister Walter Chidakwa booted out all but two diamond mining companies — in a move that has resulted in legal battles involving government.

In the press statement Anjin, which has investments in properties and the tourism sector, said apart from creating the much-needed jobs it has also helped in attracting foreign direct investment.

“For the record, all Anjin’s value chain activities related to production, storage, shipment, sorting and valuation are done under full oversight and involvement of relevant government of Zimbabwe agencies,” said Machacha.

Comments (5)

Machacha, remember you are Zimbabwean and Anjin is Chinese. Don't be used by foreigners against your country. Its over let Zimbabwean government do the mining. Go to the birth place of Anjin and find royal developments there whilst Manicaland province is like a rural area. They failed to develop Manicaland with all the million diamond carats they extracted from Marange. Lets not support these foreign companies exploiting our natural resources which should be enjoyed by Zimbabweans not just a few like what happened.

Buhle - 18 May 2016

So average price was $33.23 per carat?

Ngano - 18 May 2016

So average price was $33.23 per carat?

Ngano - 18 May 2016

my kantry my home province bleeds,manicaland could have been the the luxermboug of africa,its robhattis fault

saManyika chaiye - 18 May 2016

Cry Africa.Blacks.3 thieves from china fly in ,have dinnars wth presidency,get mining rghts n ,make the black slaves work for no pay ,then fly out wth 300m ,assisted by stupid bank niggers to export the mney,300m.the poor workers in mutare all they wanted is their small wages amounting to a mere $1000 000,out of the 300m.black pple.

viola gwena - 18 May 2016

Post a comment

Readers are kindly requested to refrain from using abusive, vulgar, racist, tribalistic, sexist, discriminatory and hurtful language when posting their comments on the Daily News website.
Those who transgress this civilised etiquette will be barred from contributing to our online discussions.
- Editor

Your email address will not be shared.