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Parliament Interviews Lovemore Kurotwi on Diamond Mining Activities (1/4. 22 Feb 2018)
 
02:16:02
Lovemore Kurotwi author of 'The Rise and Fall of Chiadzwa, My Personal Experience' speaks to the Parliamentary Committee of Mining and Energy chaired by Temba Mliswa. Mr Kurotwi was arrested in 2010 on charges of prejudicing the State of $2 billion in a botched diamond deal after then Mines minister Obert Mpofu accused him of fraud. Stay Up to Date: http://bit.ly/2A8b1tr Like Zim Stones on Facebook: https://www.facebook.com/Zim-Stones-1996676987264960/ Lovemore Kurotwi's testimony before the Mines and Mineral Development Portfolio Committee chaired by Hon. T. P. Mliswa • I was a shareholder of Core Mining Minerals and had 46% shareholding and 54% was in the hands of foreigners. • Former Mines Minister Hon Dr OM Mpofu asked for a $10mln bribe for a license to mine diamonds in Chiadzwa • Core Mining Minerals was allowed to mine between December 2009 to November 2010. We were not allowed to sell but stockpile the diamonds • We produced 1 717 174 carats of diamonds in the same period. These were worth $15mln. 20% were clean gems • I advised Government to nationalise Chiadzwa diamond field because it was too rich to be exploited by private companies • Core Mining Minerals was supposed to invest $1bn in the Chiadzwa fields • I reported Hon. Mpofu to the former Pres.R. G. Mugabe but was arrested on allegations that I lied to the Minister that there was a company that was supposed to invest $2bln. I feel Hon. Mpofu wanted to fix me for not paying the $10mln bribe • Hon OM Mpofu instructed miner Carnadile, ZMDC and MMCZ to pay a total amount of $600 000 to lawyer Farai Mutamangira. Then ZMDC Chairman Goodwill Masimirembwa instructed Carnadile to pay another $300 000 to the lawyer. Farai Mutamangira was representing the Ministry of Mines and ZMDC • I have no hope in the new dispensation because it continues to have Dr Mpofu as Minister but ZANU PF will self cleanse, I now believe why this is being allowed to happen. • The proposed joint venture between Core Mining, ZMDC's Carnadile Mine was ordered to pay $300k for unclear legal processes Hon Mliswa: Was Pres Mugabe corrupt? Lovemore Kurotwi: • Yes President Mugabe was very corrupt. • Diamond business was a one man (Mpofu) event. He even appointed Carnadile board members and the board members were inexperienced in diamond business • From the way Mugabe defended corruption I think he was also corrupt, I even wrote letters to him but he ddnt respond *Upon being asked whether Zimbabwe lost $15bln in diamonds* Lovemore Kurotwi: • More than that could have been lost, if one considers that diamonds started leaving the Chiadzwa area many years before 1980. It is not known how much was lost after the formal mining began in 2006. In the first days you could pick surface diamonds. • The Minister and Permanent Secretary are always busy. I have not had a chance to meet them about the Diamond Centre • We run a diamond school but we struggled to get diamonds from MMCZ to train students. The Minister instead flew all the way to China and sent 10000 carats to a diamond school there • How do you give licences to diamond cutting companies but don't guarantee them a supply of diamonds? Why are we sending diamonds to other countries? • It is not a good idea for Zimbabwe to cut and polish their diamonds in Botswana Earn Extra Money Online: http://bit.ly/2yYbf1z
Views: 5345 Zim Stones
Lovemore Kurotwi grilled over missing 15 billion • Leaves Obert Mpofu with bare bones
 
02:17:20
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Views: 16671 Zim One
Lovemore Kurotwi's Testimony
 
01:13
Lovemore Kurotwi's testimony before the Mines and Mineral Development Portfolio Committee chaired by Hon. T. P. Mliswa on Thursday (excerpts) • I was a shareholder of Core Mining Minerals and had 46% shareholding and 54% was in the hands of foreigners. • Former Mines Minister Hon Dr OM Mpofu asked for a $10mln bribe for a license to mine diamonds in Chiadzwa • Core Mining Minerals was allowed to mine between December 2009 to November 2010. We were not allowed to sell but stockpile the diamonds • We produced 1 717 174 carats of diamonds in the same period. These were worth $15mln. 20% were clean gems • I advised Government to nationalise Chiadzwa diamond field because it was too rich to be exploited by private companies • Core Mining Minerals was supposed to invest $1bn in the Chiadzwa fields • I reported Hon. Mpofu to the former Pres.R. G. Mugabe but was arrested on allegations that I lied to the Minister that there was a company that was supposed to invest $2bln. I feel Hon. Mpofu wanted to fix me for not paying the $10mln bribe • Hon OM Mpofu instructed miner Carnadile, ZMDC and MMCZ to pay a total amount of $600 000 to lawyer Farai Mutamangira. Then ZMDC Chairman Goodwill Masimirembwa instructed Carnadile to pay another $300 000 to the lawyer. Farai Mutamangira was representing the Ministry of Mines and ZMDC • I have no hope in the new dispensation because it continues to have Dr Mpofu as Minister but ZANU PF will self cleanse, I now believe why this is being allowed to happen. • The proposed joint venture between Core Mining, ZMDC's Carnadile Mine was ordered to pay $300k for unclear legal processes Hon Mliswa: Was Pres Mugabe corrupt? Lovemore Kurotwi: • Yes President Mugabe was very corrupt. • Diamond business was a one man (Mpofu) event. He even appointed Carnadile board members and the board members were inexperienced in diamond business • From the way Mugabe defended corruption I think he was also corrupt, I even wrote letters to him but he ddnt respond *Upon being asked whether Zimbabwe lost $15bln in diamonds* Lovemore Kurotwi: • More than that could have been lost, if one considers that diamonds started leaving the Chiadzwa area many years before 1980. It is not known how much was lost after the formal mining began in 2006. In the first days you could pick surface diamonds. • The Minister and Permanent Secretary are always busy. I have not had a chance to meet them about the Diamond Centre • We run a diamond school but we struggled to get diamonds from MMCZ to train students. The Minister instead flew all the way to China and sent 10000 carats to a diamond school there • How do you give licences to diamond cutting companies but don't guarantee them a supply of diamonds? Why are we sending diamonds to other countries? • It is not a good idea for Zimbabwe to cut and polish their diamonds in Botswana *Lovemore Kurotwi is done giving oral evidence and Minister Obert Mpofu is next* Video clip: Mpofu refused to be presided over by Mliswa
Views: 209 MR EXCLUSIVE ZIM
Minister Mpofu faces Zacc probe
 
05:12
Home Affairs minister Obert Mpofu — who has previously served in the Mines and Mining Development portfolio — could soon be on the radar of the Zimbabwe Anti-Corruption Commission (Zacc) following Core Mining and Minerals (Private) Limited director Lovemore Kurotwi’s letter to the anti-graft body requesting that it investigates him over corruption.In the letter, copied to President Emmerson Mnangagwa and Finance and Economic Development minister Patrick Chinamasa, Kurotwi says Zacc must “investigate the current minister of Home Affairs, . . .Mpofu over known corruption which he committed but which now seems to be swept under the carpet either for reasons of ignorance of the said corruption by the relevant authorities or reasons of impunity or both”.Kurotwi says the background to this corruption was when Core Mining and Minerals was given a concession to mine diamonds at Chiadzwa.He sensationally claimed before the concession was given, “Mpofu asked me for a bribe of $10 million”.Kurotwi had proceeded to take up the issue with then president Robert Mugabe in Mpofu’s presence “in a meeting called by . . .Mugabe to understand what was construed as acrimony between myself and . . .Mpofu.” “When I refused to give . . .Mpofu the $10 million bribe and after I reported to . . .Mugabe . . .Mpofu used his position of privilege to have me arrested on frivolous charges of fraud,” he alleged.As the case was playing out before the courts, developments considered sub-judice unfolded.First, 1,4 million carats of Core Mining’s diamonds which were in the company’s vaults in Mutare were confiscated.Secondly, $10,6 million which was in the custody of the Minerals Marketing Corporation of Zimbabwe was also seized while mining equipment worth $14 million was also confiscated.Kurotwi claims the mining equipment was initially used by the Zimbabwe Mining Development Corporation (ZMDC) under Marange Resources to mine diamonds in Chiadzwa and has since been transferred to the new entity, the Zimbabwe Consolidated Diamond Company (ZCDC) which continues to illegally use the equipment to mine diamonds in Chiadzwa.Kurotwi was arrested in 2010, along with five executives from ZMDC after Mpofu alleged that the Core Mining boss had misrepresented that he was a representative of a special purpose vehicle of Benn Steinmertz Group Resources, a South Africa-based international firm that wanted to invest $2 billion in the Chiadzwa diamond fields.The Core Mining boss was eventually acquitted in May last year, prompting him to demand his equipment back.Kurotwi was a Zimbabwean representative of South African Core Mining and Minerals, in a 50-50 diamond mining joint venture with the Government of Zimbabwe — Canadile Miners — which later became defunct.The businessman lost $10 million in cash, as well as diamonds and equipment worth over $140 million when he was arrested.
Views: 411 Funny show
Zimbabwe Obert Mpofu in Serious Trouble
 
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Obert Mpofu in Serious Trouble Home Affairs minister Obert Mpofu – who has previously served in the Mines and Mining Development portfolio - could soon be on the radar of the Zimbabwe Anti-Corruption Commission (Zecc) following Core Mining and Minerals (Private) Limited director Lovemore Kurotwi's letter to the anti-graft body requesting that it investigates him over corruption. - video upload powered by https://www.TunesToTube.com
Views: 176 Zimbabwe News
"You can never intimidate me ", says arrogant Obert Mpofu
 
02:09
Obert Mpofu refused to submit oral evidence before the committee on Mines and Energy saying he was no longer heading the Mines ministry but Home Affairs
Views: 377 Open Parly ZW