Afecc

ONE of the diamond mining companies in Chiadzwa, Jinan Mining Private Limited, could have externalised about $450 million that came from the Chinese investor, Anhui Foreign Economic Construction (AFECC), under the pretext that it was investing in equipment. A local bank acted as a conduit to wire the money out of Zimbabwe through Botswana banks. Jinan deputy general manager, Tapiwa Goronga, told the Parliamentary Portfolio Committee on Youth, Indigenisation and Economic Empowerment chaired by Zanu-PF…