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Jewelry News - Domestic & International News: DTC lifts sightholder suspensions - National Jeweler

DTC lifts sightholder suspensions - National Jeweler

The Diamond Trading Co. (DTC) announced on Tuesday that it has lifted its sightholder supply ban. The DTC suspended supply to an unspecified number of sightholders on Jan. 8 as a direct result of their alleged involvement in the Brenig diamond-smuggling case.

On Dec. 6, the Antwerp Court of First Instance convicted and sentenced Jerry Brenig to prison for smuggling diamonds based on fake invoices issued by diamond manufacturers. The case happened more than 10 years ago and is alleged to have involved a number of Antwerp-based companies.

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