Seized diamonds return to Zimbabwe

The final installment was of 500,000 carats of diamonds
Seized diamonds return to Zimbabwe

A case of seized diamonds and their ownership has been settled, bringing rest to this complicated issue, as per AWDC. Diamonds totaling 500,000 carats and valuing a little under $29 million, which are the final installment of seized diamonds have been returned to Zimbabwe.

Denying an attempt by a South African mining company to attach diamonds to an unrelated case against the State of Zimbabwe, a Belgian Court of First Instance ruled that the diamonds in question were not in fact the property of the State but the property of the Zimbabwean mining companies that produced them. This ruling has now made it through the appeals process and has been implemented in full.


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