News

India: Intelligence Finds Conflict Diamonds Mix into Surat Trade

DRI: Traders in Surat are bringing in crude 'blood diamonds'

rapaport

India's Directorate of Revenue Intelligence (DRI) has warned that conflict diamonds are being smuggled into Surat, the country's main cutting and polishing center.

A DRI official said that India has
always been suspected of processing some conflict diamonds due to it being one of the largest processor and exporters of precious stones.

A DRI official said that India has always been suspected of processing some conflict diamonds due to it being one of the largest processor and exporters of precious stones.

The DRI reportedly has information about some diamond traders in Surat bringing in crude 'blood diamonds' and selling them to reputed firms after processing and polishing.


Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet

Paraíba Tourmalines Fetch $ 3.4 Million at Sotheby’s High Jewellery Auction

Yehuda Updates AI Diamond Detector to Identify New ‘Stealth’ CVD Laboratory-Grown Diamonds

Chanel Unveils ‘Signes & Symboles’ High Jewellery Collection in Hong Kong

SSEF Issues Trade Alert on Fraudulent Refilled Emeralds

Divine Solitaires Expands UAE Presence Through Retail Partnerships