Zimbabwe "Postpones" 600 000 Caract Diamond Auction
Mbada Mining, which I first exposed on this blog as a shadowy company operating as a front for the interests of powerful figures within the Zimbabwe ruling party, ZANU PF and Army Generals, was to hold a massive auction of more than 60kgs of processed diamonds at Harare International Airport today but there are indications that the auction was postponed to allow Kimberley Process people to come and observe it, since the diamonds from Chiadzwa have been banned from being traded. The announcement of the auction, however, was a ploy designed to achieve a specific end Harare, Zimbabwe, 07 January 2010 It was a breathtaking act of defiance and audacity. Mbada Mining, a shadowy company operating in the notorious Chiadzwa diamond Fields in Eastern Zimbabwe, had simply announced, out of the blue, that it would hold a Chiadzwa diamond auction at Harare International Airport, where 300 000 carats of diamonds would be sold to the highest bidders. Except, of course, they could not do that because ...