Missing $15 billion looters face probe

Vice President Mnangagwa

Vice President Mnangagwa

Bulawayo Bureau
Vice President Emmerson Mnangagwa yesterday said Government had launched a forensic audit of seven firms that operated in the Chiadzwa diamond fields amid suspicion that the country could have lost $15 billion through leakages.

President Mugabe in February said Government had not received meaningful returns from Chiadzwa diamond fields and that private companies mining could have robbed the State.

The President said less than $2 billion was remitted from diamond proceeds and those seconded by Government to work with private miners had failed to account for the gems.

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“We’ve not received much from the diamond industry at all. I don’t think we’ve exceeded $2 billion, yet we think more than $15 billion has been earned,” President Mugabe said in an interview on the occasion of his birthday.

Speaking during a Zimbabwe International Trade Fair Business Conference plenary in response to a question, VP Mnangagwa said: “You said there was $15 billion stolen. What it then says is that there’s an investigation, where there’s investigation there’s an allegation, and where there’s an allegation there’s a prima facie case, there’s a possibility that the thing happened.

“You properly said there is $15 billion which is being investigated, which means the issue of $15 billion is under investigation, using your own terms, to establish whether it actually happened and if it did, that is corruption.”

He added: “And up to now, that hasn’t been concluded. There were something like seven companies and each company will be subjected to a forensic audit to establish during the past five or six years, what it did. A forensic audit on each company will be done.

“A forensic audit has been instituted against all the seven companies. They will be audited to discover whether this happened or not, and those who will be found through the forensic audit will account for the resource they have stolen from this country, that becomes a fact. That is the essence about the $15 billion question.” VP Mnangagwa told the same forum that all Zimbabweans should join in the fight against corruption and not just talk about it.

He was responding to Zimbabwe Revenue Authority (Zimra) board member, Mr Nelson Matongorere, who said the VP had not spoken about corruption in his keynote address.

“I understand the question on corruption has come from Zimra and I think my brother, if the people seated here are honest with you, during tea time, they will discuss with you the corruption perception about Zimra,” chuckled VP Mnangagwa.

He said Matongorere’s comment created a perception that Government could be involved in corruption.

“I don’t dispute it, but you’re excluding the private sector. My view is that corruption wherever it raises its ugly head must be fought and not talked about. We must cease talking about corruption but fight corruption.

“We want to hear ministers here with me, including myself, permanent secretaries, directors in the Government, whenever they have an opportunity, they should talk about the fight against corruption.

“I would like also to say captains of industry, whenever they have an opportunity, to talk to their companies and the people, they should fight corruption, not only speak against it but fight it.”

VP Mnangagwa said if all Zimbabweans took a stand against corruption, the scourge would be wiped out.

“Yes, we had an anti-corruption commission which we have dissolved because we now needed another team or commission to investigate the commissioners that are leaving. We instituted another one two months ago and I believe their focus is fighting it (corruption) and we shall continue to monitor whether they continue fighting it,” he said.

“Let it not be a duty of Government alone, but let it be a duty for all of us who love our country to expose corruption wherever we see it, wherever we hear about it, let’s fight it.”

“So my brother from Zimra, perhaps you’re not very sociable otherwise you’ll be hearing what the people have to say about Zimra. I have no evidence, but I hear about those things so it’s good that you raised this issue.”

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  • Prospero

    Evidence of who looted the diamonds is before our very eyes. Look at who drives around in Bentley’s and Mercedes and you will see who profited from the smuggling of our diamonds out of the country.

    • Kusvikazvanaka

      The bottom of the matter is we all know that the politicians we have in Zimbabwe make a lot of noise when the news is fresh but then in 6 months we will not hear of this ‘ MISSING” $15 Billion . Can we say it is cheap politicking? How about the jobless?

  • Tarubva

    When the MDC-T raised the issue during the GNU that diamonds were being corruptly siphoned out of the country, attaching several reports to the President to back up their allegations, the VP and other Zanu PF activists were the first to dismiss such reports. Can we have confidence in these “forensic audits” launched by people who once vehemently denied the existence of corruption at these mines?

  • chinos

    The VP is not convincing at all on the $15 billion. Sometimes you wish the animosity they show against MDC, Britain and USA should also be reflected on such issues. I sincerely believe these looters are much much worse than the other percieved enemies of the state. You sense that this is being treated like its a family issue hence we do not want to fukura hapwa and i feel betrayed when a brother of mine stabs me and the elders try to cover it up.

  • mazino akaora

    M failing to get what exactly the VP is trying to put across here. There being an allegation does not conclusively imply there is a prima facie case.
    But once evidence is adduced then prima facie can be inferred subject to rebutal.

  • pidzo

    zimra mazvinzwira hendei tione

  • Judas Iscariot

    Duffus,who was he representing when he he was minister of Finance?

    • Major Musango

      he was the Minister of Finance of Zimbabwe not of MDC

  • SimonPetere

    Unoshamisa…..do you follow parliamentary debates at all.

    • Major Musango

      ndotobvunza iwe ……..

  • CuriousCat

    17 Billion dollars take away 15 billion stolen dollars equals ??? 2 billion dollars. Iri kupi?

  • Mutyairi

    It could be more than $15bn. Kungoda kutibata kumeso chete ndomari irikushandiswa kuenda kunorapwa, kunozvara, kuno………nemalunch.

    • Muturikwa we Gweru.

      It could also be less than $15bn because no exact figure was communicated.

  • tichiona

    comrade VP , stealing and corruption are two different things – YOU CANT SAY $15B that’s missing as mere corruption its BIG SCALE plundering and a serious crime indeed.And everyone in the country is eager to know about what happened to that $15 Billion .Our country is deep to the neck with DEBTS to the international financial institutions , and yet we could have cleared all those debts with our resources money proceeds.The $ 10 Billion or so that we owe could have been cleared long back with that money.

  • yowe

    Washaya

    • Major Musango

      ndiwe watoshaya …..

      • watcher

        Was following your debates and i have realized that Musango was arguing logically. His/her opponents are just waffling without airing out even a single sensible propositions. Fresh, Hurungwe and others your are idiots!

      • Strategic

        Unemployment creates such busy bodies! Not really your problem but just a victim. You respond to every comment???

        • Major Musango

          at least I have a fan. Hello fan. As for me responding to every comment and you think I am unemployed …. oh dream On. I am gainfully employed and if you want I can even invite you to my workplace

  • Kuta Kinte

    I tend to agree with you Ray. Most of the comments are due to one being conditioned to hatred and you can find others even turning the story to a totally new topic of which if you compare with the main headline, it is completely different.

  • Monks

    OK you have talked about it. even the president once did. but the prisons are still full of only rapists and radical vendors. no looters are yet in.fine we wait to see.

  • Major Musango

    which facts …… is Biti at MDC?

  • Major Musango

    ha ha ha ha ha saka ndini ndakaiisa ipapo here? Ko inhema here dzandanyora?

  • Major Musango

    Dull, ndiwe dofo? He was saying things as a Minister of Finance not as an MDC rep.

  • Major Musango

    I know but the thing is, when he raised the issue he was speaking on behalf of MDC but he was speaking as a Minister of Finance. Yes he wasn’t listened to because the powers that be dismissed him as an MDC member; that’s my point

  • Nkululeko

    My heart bleeds when I see my country’s resources being plundered by it’s own citizens and one even goes on the air defending the plunderers.May Heavenly father forgive them.Zimbabwe is our own country,rich indeed.Why do we have leaders who are so protective of the plunderers of the national resources? Leaders should vehemently denounce corruption without tongue biting.Let’s hear louder voices of denouncing corruption from the top officials so that whistle blowers will not fear victimization.Let it be an official slogan as we used to hear we they are decampaigning opposition parties on the rallies.”Pasi ne……!!!!!!!!!!” Why biting your tongue when talking of corruption.Corruption is not a bugbear, but a really threat to the economy of Zimbabwe.Look at the after myth of the monster, no 2 million jobs the manfesto, factionalism in parties, closure of the little remaining companies, effects of the labor ruling,the list is endless.We need a tongue and groove joint between the government and the private sector in fighting corruption.Please Mr VP, give us a better statement on the matter.

  • sky

    why jump the gun ? kasi wakaba mari ?

  • Doris

    Take a drive up Gletwyn Road and take a look at all the massive mansions that are being built. Come on……..it’s obvious to us all…..who, in 100 years have been able to build on that scale. Makes me sick.

  • Tarubva

    Get real, do you think the MDC-T is some alien species? It is a party made up of people, and if you hear those MDC-T members speak in political circles such as in Parliament, that is the MDC-T speaking!

    • Major Musango

      Hauna nyaya

  • PATRIOT

    its not like this money was stolen in one go, it was a gradual deliberate and clear scam that involved even the so-called big guys. Otherwise this is evidence that no audit has been happening at all and looters were left to do as they will. What is basically means is that in the current government setup there is no accountability and reporting structures so even if we know they lot hapana proper hierarchy of responsibility so that we can then hold someone accountable for such a scam. this did not happen overnight so the leadership has been asleep all this time and only sensationalizing this issue now because we are close to elections. shame on you.

    you did the same thing with Kumbirayi Kangai when he embezzled at GMB back in the day, Cuthbert Dube same story, Mayor Tavengwa of Harare back in the day, and the list goes on…all under the watch of the same government. They have demonstrated beyond reasonable doubt that they are unable to deal with corruption and looting. so what difference is this frucus going to produce?…..none