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SIU to probe Alexkor

According to the SIU, President Cyril Ramaphosa has greenlit the SIU to investigate maladministration allegations in respect of marketing, valuation, sale, and beneficiation of diamonds, pursuant t. ....

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Alexkor teetering on the brink

Skeleton staff, below par accounting systems, not enough in the kitty to cover rehabilitation costs, and unresolved problems with the Richtersveld Community. ....

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Diamonds and dirty dealings: Alexkor whistleblower testifies

MONEYWEB
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Diamonds and dirty dealings: Alexkor whistleblower testifies
The story of how a dormant shelf company with no licence to market and sell diamonds won a tender to do just that, receiving its first tranche of multi-million rand rough stones in the first month.
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When the whistleblowing diamond diver started querying the prices received for rough diamonds, his contract was cancelled and his access to the site blocked. Image: Shutterstock
Gavin Craythorne, a marine diamond diver operatingÂ along the north-west coast of South Africa from Alexander Bay to Port Nolloth, testified at the Zondo Commission of Inquiry into state capture on February 8 and 11. ....

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