KP chairperson, Boaz Hirsch, announced new guidelines that should be used by industry players when dealing with “suspicious shipments” believed to be coming from the Marange diamond fields – also known as Chiadzwa.
“This guidance aims at assisting KP Participants to implement the ‘enhanced vigilance measures’ and handle suspicious shipments from the Marange area,” Hirsch said last week.
The guidelines require KP participants to, among other things, provisionally detain suspicious shipments pending verification with the watchdog to ensure they were not laundered from Zimbabwe.
Participants confronted with suspicious shipments should inform the KP chairperson and the organisation’s Working Group on Monitoring.
They are required to issue suspicious shipment reports stating reasons for their actions.
The KP offered to provide technical assistance to participants confronted with a suspicious shipment and requiring help in ascertaining the origin of the stones.Post published in: Economy