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State lays claim to demolition diamonds

State lays claim to demolition diamonds

Officials in Bangalore are laying claim to a cache of diamonds discovered in the walls of a house that was recently demolished. A man working at the house found the diamonds, and sold them before the officials could get their hands on them.

According to local “Treasure Trove” law, any treasure that is over 100 years old is property of the state and must be reported. Following a judges ruling, the diamonds were seized and turned over to the government. One unhappy workman, I can tell you that.

The diamonds had a value of Rs. 1 “crore”:http://en.wikipedia.org/wiki/Crore, which I understand to mean 1 million rupees, which is worth about $21,700 US. Somebody who knows what they are talking about please correct me if I’m wrong.

Via The Hindu

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