Israel’s Diamond Exchange says it has expelled a longtime member for attempting to smuggle illegal Zimbabwe blood diamonds into the country.
Spokesman Assaf Levin said Tuesday that the bourse expelled David Vardi after he was arrested at Ben-Gurion International Airport last week with about $200,000 worth of illegal Zimbabwe stones. He said his organization “will not tolerate dealing in blood diamonds.”
Zimbabwe is banned from exporting diamonds under the Kimberley Process, the 75-nation regulatory group that seeks to end the trade of so-called blood diamonds, which fund violence in Africa.
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