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The billionaire fugitive was reportedly arrested in a bank while trying to open an account.
The industrial park will feature manufacturing and training facilities as well as residential housing for workers in the gem and jewelry industry.
The diamond mine has been closed since August 2017, when an accident claimed the lives of eight workers.
It set a price-per-carat record for a diamond recovered from the Letšeng mine in Lesotho.
Jacques Panis is now CEO of start-up New World Diamonds.
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Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.