Central African Mining & Exploration Company

U.S. authorities are investigating whether a multi-billion-dollar American firm knew that part of its $150 million investment in a small African miner would wind up in the hands of President Robert Mugabe’s government. Global alternative asset management firm, Och-Ziff Capital Management Group LLC, invested $150 million in Central African Mining & Exploration Company, or Camec, in 2008. $100 million of the cash was then handed to the Mugabe regime through Billy Rautenbach, a Zimbabwean businessman…