Surat: SDA Bans Diamond Merchant for Dealing in Synthetic Diamonds

Retail and Consumer Confidence
19/08/2015 16:21

The Times of India reports that for the first time in its history, the Surat Diamond Association (SDA) terminated the membership of a diamond manufacturer accused of selling undisclosed synthetic diamonds to the diamond merchants on Wednesday. SDA office-bearers, who met at the executive meeting on Wednesday, unanimously decided to terminate the membership of Chandu Sheta, a diamond manufacturer in Varachha, who had sold 110 diamond pieces weighing 1.28 carats to two diamond merchants in Varachha's Mini Bazaar diamond market in February 2015. The diamond parcels contained synthetic diamonds mixed with some natural diamonds. "Sheta's membership has been terminated from the association. This will set an example for others still doing illegal activity in the industry. This is a clear message to either stop or face action," said president of SDA, Dinesh Navadia.