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September 20, 2017

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US$50 mil. diamond goes missing in Geneva: report

Geneva authorities are investigating the disappearance of a pink diamond estimated to be worth around US$50 million from a reputable storage firm for gems, according to a news report Sunday.

Prosecutors ordered a probe after a South African-Guinean diamond trader, Sylla Moussa, filed a complaint in September claiming the 50.66-carat pink diamond he had been keeping in storage with Malca-Amit had vanished, public broadcaster RTS reported.

Police in mid-March searched the Geneva premises of the company, which offers transport and storage services for gems and other valuables, and placed three of its administrators under investigation, according to the report.

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