DIAMONDS AND DOLLARS: The obscure transactions of the sparkling industry
Extensive financial transactions between De Beers sightholder Julius Klein Group, its subsidiary Julius Klein Botswana and De Beers Global Sightholders Sales (Botswana) give a rare and fascinating glimpse into the diamond industry’s flow of capital, documents obtained by BuzzFeed and shared with International Consortium of Investigative Journalists and INK Centre for Investigative Journalism reveal.
Khama allegedly moved millions of dollars from Central Bank, court documents
Kago Komane and Joel Konopo
Papers filed in the Botswana High Court make the startling allegation that former Botswana president Ian Khama instructed the country’s central bank to shift over $200-million (P2.2-billion) to secret accounts and later moved the funds to several offshore companies and banks.