Namibian police arrest 71 alleged insider thieves.(FACETS)
Israel Diamonds, June, 2007
Namibian police arrested a record 71 diamond miners and service employees for stealing diamonds in 2006. The confiscated loot from the 19 separate cases police cracked included 549 rough diamonds totaling 574.13 carats and worth more than Nam. $2 million (U.S.$284,000).
- Most Popular Articles in Business
- Research and Markets : Tesco Plc - SWOT Framework Analysis
- Do Us a Flavor - Ben & Jerry's Issues a Call for Euphoric New Flavors
- eBay made easy: ready to start an eBay business? These 5 simple steps will ...
- Katrina's lawsuit surge: a legal battle to force insurers to pay for flood ...
- Wal-Mart's newest distribution center opened last month near the southwest ...
- More »
Of the accused thieves, 44 were employees of Namdeb, the 50-50 diamond mining joint venture between De Beers and the Namibian government, and 27 were employed by contractors. The single biggest catch was a thief who was found with 149.95 carats of rough stones worth Nam. $785,000 (U.S.$112,000). The Namibian ...
Read the rest of this article with a Free Trial at HighBeam Research.