Pastor: I want $50m for my diamond

Follow 9News Nigeria On Social Media

Social sharing

The pastor who found one of the world’s largest uncut diamonds says he expects to get “not less than $50 million” for the 709-carat precious stone, after it failed to reach its minimum reserve price at auction in Sierra Leone today, AFP news agency reports.

“I want my diamond to be sold abroad so I can get the best price to enable many people to benefit from the proceeds,” Pastor Emmanuel Momoh told AFP.

Today’s highest bid, for $7.8m, came from a UK citizen based in Antwerp, the European diamond capital in Belgium, where the next auction is expected to take place in the next few weeks.

Evangelical preacher Emmanuel Momoh arrives with his wife on May 11, 2017 in Freetown for the auction of the 709 carats diamond he found earlier this year
Emmanuel Momoh and his wife attended today’s failed auction in Freetown

The reserve price, which is the minimum amount that the diamond can be sold for and was set by the Sierra Leonean government, is a secret.

Last May, diamond-mining firm Lucara sold a 813-carat stone for $63m (£51m) at a closed auction in London.

Source – AFP

Leave your comment on this post

THE ROTTEN FISH: CAN OF WORMS OPENED OF APC & TINUBU'S GOVERNMENT OVER NIGERIA'S ECONOMIC DOWNTURN

WATCH THE CRITICAL ANALYSIS AND KNOW THE RESPONSIBLE PARTIES TO BLAME FOR NIGERIA'S ECONOMIC CHALLENGES, WHILE CITIZENS ENDURE SEVERE HARDSHIPS.

Watch this episode of ISSUES IN THE NEWS on 9News Nigeria featuring Peter Obi's Special Adviser, Dr Katch Ononuju, 9News Nigeria Publisher, Obinna Ejianya and Tinubu Support Group Leader, McHezekiah Eherechi

The economic crisis and hardship in Nigeria are parts of the discussion.


Watch, leave your comments, and share to create more awareness on this issue.


#9NewsNigeria #Nigeria #issuesInTheNews #politics #tinubu THE ROTTEN FISH: CAN OF WORMS OPENED ...
DON'T FORGET TO SUBSCRIBE AND LEAVE YOUR COMMENTS FOR SUBSEQUENT UPDATES
#9newsnigeria #economia #economy #nigeria #government @9newsng
www.9newsng.com

Leave your comment

Click on the link below or Scan the QR Code to join the 9News Nigeria WhatsApp Channel

9News Nigeria Investigative Reports WhatsApp Channel
9News Nigeria Investigative Reports WhatsApp Channel

Be the first to comment

Leave your comment