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709.48 carats diamonds drops to 709.41

April 6, 2017 By victoria Saffa & Elizabeth Kaine

diamond
Members at the hightable, Far leftPastor Momoh Sesay, Abdulai Bayraytay and Far right NMA DG, Sahr Wonday

Director General of the National Mineral Agency (NMA), Sahr Wonday , has confirmed that the 709.48 carats diamond, which was founded  by Pastor Emmanuel Momoh, has dropped  to 709.41 carats,  after removing  stains from it.

He made the above disclosure yesterday at the Ministry of Mines and Mineral Resource conference Room, Youyi Building, whiles updating members of the press on the status of what had been described as the second largest diamond ever found in Sierra Leone.

He said during the scaling of the Diamond by an expert, the founder, Pastor Momoh, was present and that they have also asked him to come along with independent expert on his behalf, on the day they would  value the diamond.

The NMA Director General said they have improved on the colour of the diamond, and that they have received six bidders, who have tendered their sealed bid documents.

He said they have also extended the bidding date to 10th May, 2017, adding that more bidders were encouraged to send in their bidding documents.

He disclosed that the  bidding  security was five thousand United States Dollars (5,000 USD) and that  bidding would  be on 11th May, 2017, adding that the official price for the 709.41 carats diamond would be disclosed on that day.

In his statement, founder of the 709.41 carats diamond, Pastor Emmanuel Momoh, said he believed and has confidence in the government taking care of the diamond, which he said was now safe and secured in the vault of the Bank of Sierra Leone.

‘’I believe in the present government because of the way they have transformed the Kono district and I have hope that after the selling of this diamond ,the country, especially Kono district, will gain more,” he stated.

On his part, Presidential Spokesperson, Abdulai Bayraytay, said President Koroma has previously promised that sale of the diamond would be transparent and that the highest bidder would win the stone, subject to a reserve price.

He said they would sell the diamond in the country and that such would give a percentage to the owner, while the country would benefit from it.

 “We all know that the diamond is a real gem and it is the second largest diamond ever found in the country,” he said, stressing the importance of selling it within the country for the benefit of the nation.

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