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Bennett slams multi-nationals for "corporate greed, wilful negligence"
The Zimbabwean
March 11, 2011

View this article on The Zimbabwean website

Any process of enriching individuals or companies connected to the infamous criminal syndicate that is Zanu (PF) will be nullified once the MDC is in power, MDC-T minister of agriculture designate, Roy Bennett, told a conference of International Fund Managers held at the Mount Nelson Hotel in Cape Town yesterday.

In a hard-hitting address, Bennett singled out Old Mutual, Anglo Platinum and Impala - saying they must "come to terms with their unacceptable complicity in Mugabe's blackmail". "There is no excuse for Impala Platinum, in an effort to placate Zanu-PF and Mugabe, to again offer the state mining rights in ZIMPLATS, a subsidiary it already owns and controls. These assets belong to Impala Shareholders," said Bennett, adding that shareholders must now insist that the companies reflect the demands of this rapidly evolving new world order. "They must incorporate genuinely broad-based community equity participation."

"There is no excuse for Anglo Platinum to have ceded a huge chunk of its ground just before the 2008 elections - ground that was quickly sold on by a desperate and cash-poor Zanu (PF) at a $100 million profit. Shareholders need to demand from management that these rights be properly valued and retained - not surrendered for the benefit of a blood-thirsty coterie of gangsters.

"Please don't legitimise extortion at the expense of the people. Better to lose what you have and regain it later than to sleep with a serial rapist and killer. If you do so, remember that he will not only beat and murder the neighbours, he will turn on YOU in due course and you will be pitied by no-one," said Bennett.

Referring to the "sad and seedy role of Old Mutual in the illicit diamond mining" in the Marange diamond fields, Bennett said: "These fields are controlled by the military junta and were attained over the dead bodies of hundreds of impoverished Zimbabweans. This unacceptable example of corporate greed and wilful negligence cannot be swept under the carpet any longer.

"For a respected London-listed financial services company to continue its investment and shareholding in a joint venture with a disreputable scrap metal merchant and infamous confidante of Robert and Grace Mugabe is simply unbelievable! It is brazen. It is reprehensible and obscene. The company has said (and I quote): "Old Mutual would like to point out that [its] ... engagement post-dated any reported wrongdoing in the mining area. As a result, Old Mutual is most certainly not associated with activities which contravene the human rights of citizens." This is cant and obfuscation, a blowing of smoke and hot air," said Bennett.

He said the MDC had urged Old Mutual, quietly behind closed doors, to quit their blood-stained investment. "The company has not listened, so we now air our grievances publicly. Old Mutual and its partners have benefited from the daylight robbery of mining rights and from massacres by the army and air force of Zimbabwe. In a well-documented orgy of violence, helicopter gunships mowed down civilians in cold blood, 'clearing the decks' for the junta's illegal mining activities."

The shame for Old Mutual was compounded by the fact that the proceeds from the sales of these Blood Diamonds were being used by Zanu-PF to unleash another bout of political violence against ordinary Zimbabweans, he added. The International Red Cross are currently feeding starving residents from Marange Communal Lands, an area adjacent to the diamond mines, while a "shameless, ruthless and predatory elite plunder the resources of the Zimbabwean people and use the proceeds to inflict violence against them".

"As if blood diamonds were not enough, this company has maintained a significant share in Zimpapers, the publisher of the government-controlled Herald, among others. If ever there was a practitioner of hate-speech and an apostle of vice and violence, this is it. This dirty little rag plays a very real part in the butchery and battery of our people. In a lame defence, Old Mutual has said "we do not influence or involve ourselves in the operational policy or practice of Zimpapers". But in the same statement it goes on to say: "While we remain mindful of and sensitive to the social and political climate in Zimbabwe, these investments are ... meant to meet needs and expectations in terms of returns for our Zimbabwean customers." There's no need to continue. We have heard you loud and clear. Profit before principle - and the Zimbabwean people be damned," continued Bennett.

"These are but a couple of examples of the companies that have, and continue, to walk the halls of shame in Zimbabwe. There is no shortage of them. When the day of judgement comes, I will not lift a finger to save them from the consequences of their actions. Quite the contrary. And I am unreservedly confident that I will have a powerful constituency behind me. If these companies choose to reap the whirlwind, then so be it," he said.

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