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Irving, Texas-Based Jewelry Chain Halts Sale of Gem Tied to Terrorist Network.
Knight Ridder/Tribune Business News, January, 2002
By Dianne Solis, The Dallas Morning News Knight Ridder/Tribune Business News
Jan. 12--Zale Corp., the Irving-based jewelry chain, has suspended sales of jewelry containing the rare blue-violet stone known as tanzanite because of its possible links to terrorism.
Zale pulled tanzanite jewelry from its stores as of Jan. 1, following its own investigation of reports that proceeds from the sales of the gemstone possibly were used to finance Osama bin Laden's al-Qaeda network.
"This is one of the murky situations where everyone can tell you a pretty compelling story about why it isn't true and why it is true," said Susan Lanigan, Zale's senior vice president and general counsel. "We have not been able to prove or disprove there is a link."...
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