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US Investigates Hedge Fund, Och-Ziff’s Link To $100 Million Loan To Mugabe ‘2008 Terror Fund’
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…
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