Judgement due for Lerala diamonds seized in Belgium

The liquidator, Kopanang Thekiso, acting on behalf of creditors who are reportedly owed about P30 million, filed the suit after suspecting the diamonds were taken away in order to keep them from the assets other creditors would be looking at in the liquidation.

According to documents filed in court, the sale of the 53,000 carats was initiated on May 28, 2017 through a company in which Kimberly’s majority shareholder holds a major stake.