Cameroon

Africa diamond mine scam implicates Korean ministers and execs who made quick $70 million

Frik Els | January 20, 2012
south_korea

Originally touted as a 'model of successful resource diplomacy' Korea's successful 2010 bid for a diamond project in Cameroon now appears to have been an elaborate scheme that netted company insiders and senior government officials at least $70 million in stock trading profits.

  • Banner spot 2

  • Banner spot 3