12 Indian Diamond Traders Detained in Diamond

Mineweb reported a Chinese court has deported 12 Indian diamond traders  on charges of smuggling diamonds worth $7.3 million.

As quoted in the market news:

Twelve of the 22 Indian diamond traders, detained in China on charges of smuggling, are to be deported to India following a Chinese court order. The traders, hailing from Gujarat, were arrested by the local anti smuggling bureau of customs at Shenzhen in Guangdong province in southern China in January 2010.

Click here to read the full Mineweb report.