‘CIO engaged international crook in diamond deals’

‘CIO engaged international crook in diamond deals’

Source: 'CIO engaged international crook in diamond deals' | Daily News

HARARE – The Central Intelligence Organisation (CIO) engaged  secretive Chinese businessman Sam Pa in its diamond mining venture with Sino-Zim, Parliament heard yesterday.

The parliamentary committee portfolio committee on Energy and Mines heard from CIO director responsible for Economics, Jimias Madzingira, that Sam Pa’s company China International Fund donated mining equipment worth $10 million to the CIO-owned company Kusena Mine.

“They had come to mine alluvial diamonds and then they said they didn’t find the alluvial diamonds and the equipment which was donated was exploration equipment which could not go for hard rock mining so that was donated to the president’s department and it became our equity contribution in the joint venture, definitely the equipment came from Sam Pa, Sino-Zim,” Madzingira said.

This came after the committee chairperson Temba Mliswa demanded that Madzingira clarify Pa’s $10 million donation to the CIO.

The CIO went into partnership with China International Fund fronted by Chinese national Sam Pa to form a company called Sino-Zim.

The former board member of Sino-Zim, Gift Machengete, revealed the shareholding structure.

“The shareholding was 51 percent for CIO and 49 percent for China International Fund,”  Machengete said.

Mliswa questioned why the CIO failed to vet Pa.

“CIO are responsible for vetting board members but you are failing to vet your own partners, ” Mliswa asked rhetorically.

The committee was adjourned to May 14 after Mliswa said they need former CIO director general Happyton Bonyongwe to also respond to the issue.

Pa, a prominent member of the Queensway Syndicate — a network of companies with a track record of negotiating opaque resource for infrastructure deals across the African continent — has previously denied he was the major channel of funds to the CIO.

Pa’s emergence as an alleged secret funder of the CIO exploded at a particularly sensitive time as national attention focused on the role of diamonds in bankrolling Zimbabwe’s $4 billion cash Budget.

Then, diamonds were fast becoming Zimbabwe’s biggest source of export earnings but twice the amount earned was smuggled out illegally through porous borders by corrupt officials and criminal networks, according to Global Witness, an allegation strenuously denied by Pa’s representatives.

Pa has since been arrested in his home country after a corruption inquiry into Su Shulin, governor of Fujian Province. Su, the former boss of China’s State-owned oil giant Sinopec, has been accused of helping a relative to secure contracts to build a massive oil depot in China.

Mliswa’s committee blasted the CIO after they failed to reveal the amount they got from diamond mining.

Vice chairperson of Kusena Mine Regiment Ruzande said the amount which they got from diamond mining was “insignificant.”

Mliswa savaged the CIO saying they are withholding information.

“We are giving you opportunity to clarify because there are accusations that the security sector looted diamonds but you are failing to clarify,” Mliswa said.

“Stop being CIO, remove that hat for now and you must tell us the truth for the good of the country.”

Musikavanhu MP Prosper Mutseyami weighed in saying the CIO where not sincere on the issue.


  • comment-avatar
    Goredema 3 years ago

    Who doesn’t know that our country is under a mafia regime? This has been so since 1980.

    They get money to rig and stayvin power in exchange they oppress citizens. They kill those that try to extricate the country for progress. The result? We remain a backward village forever.

  • comment-avatar
    Mukanya 3 years ago

    “MAFIOSO STATE” aka Zimbabwe!!!!