Petra Diamonds sells 74.4 carat diamond for $1,012,636

The first sale for Petra over $ 1 million

Post By : Diamond World News Service On 26 September 2007 12:00 AM
US ATTORNEY in and for the District of Columbia Kenneth Wainstein, filed an indictment against jeweler Sunil Agrawal, CEO, STS Jewels, for bribery and conspiracy of a federal official following a two-year long investigation. STS Jewels is a jewelry manufacturer and dealer based in Long Island City, New York.%% According to the companys website, STS Jewels has offices in Canada, India, Thailand, Hong Kong, Japan, Taiwan, Brazil, Dubai and Great Britain. Tanzanite jewelry is the companys specialty.$$In court papers filed on August 18, 2006, in the District of Columbia - which were sealed until August 25 pending arrests - defendant Agrawal, and defendant Michael John OKeefe were indicted for three counts of bribery and conspiracy. As of August 25, OKeefe had been taken into custody, and Agrawal was last reported being seen in London, for which the United States has sought a provisional arrest warrant as of press time.%%While Agrawal holds lawful, permanent residence status in the United States he has, according to the Federal prosecutors, also sponsored employees for visas in support operations of STS Jewels. State Department Consulate official (Mike) OKeefe, conspired to, agreed to, and sought to receive and accept "things of value" from Agrawal in exchange for OKeefes favorable performance as an official of the United States government. OKeefe worked out of the United States consulate in Toronto, Canada.%%Items investigators found Agrawal gave OKeefe, included hotel stays in Manhattan and in Las Vegas, Nevada, round-trip airline tickets between Toronto, Canada, and Las Vegas; two exotic dancers (sessions,) jewelry, meals, entertainment, and a job reference. OKeefe in return provided Agrawal expedited interviews for issuing visas and benefits to$$21 employees plus renewal visa benefits, which is in violation of Title 18 United States Code: Sect.201(b)(1) and (2.) In all cases, Agrawal would provide the names of STS Jewels employees in need of visas to OKeefe via e-mail or fax.$$At first, in early 2004, OKeefe was scheduling STS Jewels employee appointments and he handled the application process and interviews personally and expedited the paperwork. OKeefe approved all visas sponsored by STS Jewels, and as more requests came in from Agrawal through year 2005, OKeefe eventually dropped the appointment requirement and simply granted the visas and approved some that had been rejected.

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