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Zim Consolidated Diamond Company Must Be Dissolved Immediately, It Was Illegally Formed: Parly

6 years agoFri, 08 Jun 2018 09:49:02 GMT
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Zim Consolidated Diamond Company Must Be Dissolved Immediately, It Was Illegally Formed: Parly

The Temba Mliswa led Parliamentary Portfolio On Mines and Energy has recommended that the Zimbabwe Consolidated Diamond Company (ZCDC) should be disbanded because it was not properly constituted. The company was formed after former minister of Mines Walter Chidhakwa evicted diamond miners from Chiadza and formed the Zimbabwe Diamond Mining Company. Part of the report,

ZCDC must be dissolved immediately because it was not properly constituted and the ministry must revert to the pre-February 2016 position of the concession holders. The Mines minister must follow due process immediately. Investigation on Mpofu on directives on monies paid by MMCZ, Marange Resources and Canadile Miners for legal services to Farai Mutamangira which were not specified need to be interrogated.

More: NewsDay

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