Tuesday, June 13, 2017

The Anti-Corruption Commission of Namibia (Namibia's Anti-Corruption Commission, ACC), reportedly did not conduct an investigation on the fact whether underestimated Namib Desert Diamonds (Namdia) intentionally prices on diamonds exported from the country.
Local newspaper Namibian earlier in its submission noted that Namdia "deliberately" sold diamonds from Namibia to Dubai five times cheaper than was their ultimate cost.
Unnamed sources cited by The Namibian, claimed that the diamonds sold Namdia Dubai-based company for $ 500 per carat.
Those diamonds were then resold Dubai company for $ 2,500 per carat.
Vow Kandzhoze (Obeth Kandjoze), Minister of Mines and Energy of Namibia has rejected the allegations.
However, this did not prevent ACC seek to establish whether these diamond prices were indeed deliberately understated.
"I asked him (Kandzhoze) provide clarity (about Namdia)", - said General Director Paulus Noa ACC (Paulus Noa) in an interview with The Namibian.
"The minister gave me the answers to all the questions that I asked him I was satisfied with his answers.", - he added.
Although Noah expressed his conviction that nothing illegal had happened, diary ACC sources say that the investigation of the diamond company is still ongoing.
http://digg.com/u/jetjewelry

1 comment:

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