Diamond dealer Liebenberg blames latest delay in bail bid on strict prison conditions

Diamond dealer Louis Liebenberg back in C-Max as bail application postponed again

Diamond dealer Liebenberg blames latest delay in bail bid on strict prison conditions

Diamond dealer Louis Liebenberg has asked for his bail application to be postponed yet again, blaming the latest delay on his incarceration in the maximum-security section of a Pretoria prison.

Alleged diamond scammer Liebenberg's bail application postponed - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

The bail application of alleged diamond scammer Louis Liebenberg has been postponed to July 2 by the Bronkhorstspruit Magistrate’s Court. The defence requested the postponement saying they were not granted enough time to consult with their client. Liebenberg and his eight co-accused face 42 counts of fraud, five counts of racketeering, six counts of money laundering and charges of Contravention of the Companies Act. Liebenberg, who remains in cu…

Premiums Are Back for Large De Beers Diamonds

Shortages of larger De Beers goods are driving premiums of around 5% on the secondary market after a long period in which sightholders were unable to resell for a profit, insiders told Rapaport News.  Companies that bought 5- to 10-carat goods at this week’s sight, which began on Monday, received bids from manufacturers ranging from 3% to 7% over the De Beers list price, market sources said Tuesday.  The “select makeable” category in that size —…