Sengamines supplements its revenues by laundering diamonds smuggled from Angola and Sierra Leone.
Sengamines also smuggles its diamonds from the Democratic Republic regarding the Congo therefore the Panel has discovered of particular instances, times, places and individuals included. For instance, in March , Mr.
Al-Shanfari instructed their safety chief to smuggle diamonds through the Sengamines concession to Johannesburg, Southern Africa, and deliver them to Ken Roberts, the executive that is chief of Diamonds. Sengamines has additionally offered as a front side for unlawful exchange that is foreign utilizing several tracks into and out from the Democratic Republic of this Congo.
Almost all of the latter included breaking the nation’s foreign currency guidelines and profiting from arbitrage between differential change rates for the usa dollar and Congolese franc in Kinshasa and also the eastern Republic that is democratic of Congo, correspondingly. In a single instance, on 13 March , Oryx officials in Kinshasa loaded an aircraft belonging to Mr. Bredenkamp with eight crates of Congolese francs for delivery to Harare.
Oryx workers stated these people were expected to pay for Mr. Mnangagwa a payment on these deals which contravened Zimbabwe legislation. Despite repeated claims by Mr. Bredenkamp’s representatives which he does not have any business model with Mr. Al-Shanfari, the Panel has gotten a document – dated January and jointly finalized by Mr.
Bredenkamp and Mr. The procurement of army gear and solutions is really a source that is major of for the elite community. A few venture that is joint organizations have actually strong links utilizing the army supply organizations who facilitate their operations into the Democratic Republic of this Congo. The Panel has information that diamond profits had been utilized to fund hands acquisitions for FAC and indirectly utilized to invest in the share of this federal Government for the Republic that is democratic of Congo to income re re re payments for ZDF. Continue reading The Panel has gotten substantial documents and first-hand testimony explaining the mechanics of the unlawful operations.