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18.08.2014
Diamonds as a Commodity? Not a Problem - Sians Mussa
sians_mussa_preview.jpgSians Mussa is President of the Italian Diamond Bourse. He began his career as diamond dealer in 1969. The Sians family has been active in the Diamond industry for 3 generations and has offices in Milan, Rome, Valenza, Tel Aviv and New York. President Sians currently works in his Italian office together with his two sons, David and Doni. President Sians discussed with Rough&Polished the role of diamond bourses, what diamond represents in modern society, and the status of the Italian jewellery industry.

11.08.2014
What kind of impact may possible sanctions from U.S. and E.U. produce on jewelry community?
The diamond and jewelry industries have repeatedly been through various ordeals. So, should the Russian jewelers be fearful for their business in the light of recent events? And will the Russian diamond industry turn to be a winner in some way in case of sanctions on the part of Europe or America? Rough&Polished addressed these questions to the heads of diamond industry companies.

04.08.2014
We need to have close relations with bigger mining companies to get enough and timely rough supply - Navrattan Kothari
navrattan_kothari_preview.jpgA highly respected businessman held in high esteem in the Indian gems and jewellery industry, Mr. Navrattan Kothari, Chairman, KGK Group of India, has steered the conglomerate for over 50 years, with the Group now having grown into a world-class business empire. Under his guidance, the KGK Group, besides its underlying operations, funds many programs through a trust that looks into education of the underprivileged and provides healthcare facilities. Here, Mr. Kothari speaks to Rough&Polished about his initiation into the family business and his perception of the gem and jewellery business in India and all over the world as well.





Investigation of diamond fraud in Belgium

06.08.2013

Antwerp authorities recently announced a breakthrough in the investigation of a tiger kidnapping that took place on October 11, 2012 in Antwerp. At that time, three men entered the home of an employee of the Indian diamond company KIRAN BVBA. While the man's wife was kept hostage, he was forced to return to work and empty the vaults of the KIRAN offices in the Hoveniersstraat in the Antwerp diamond district. The total value of the stolen diamonds was estimated at $13 million.
Police investigations now indicate the tiger kidnapping could be staged by the alleged victim, the employee of KIRAN. The authorities believe the man was aided by a middle-man of Indian origin, who in turn hired an Armenian accomplice to execute the tiger kidnapping. The Armenian accomplice collaborated with two Chechen men.
Between July 22 and 29,  five people were arrested in connection with their alleged involvement in the case, the prime suspect - an employee at KIRAN, a man of Indian origin and three plan executors, an Armenian and two Chechens.
Four of them are in custody and are said to have confessed to involvement in the case.
The alleged middle-man of Indian origin was arrested at the Dutch airport Schiphol on July 30. Procedures to extradite the man to Belgium are currently ongoing.
Most of the stolen goods, estimated at a value of $8.7 million, were recovered during a recent raid in Antwerp.

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished

Rough&Polished

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