How $120 million ruby left Tanzania

The Burj Alhamal ruby reportedly from Tanzania on display in Dubai. Owners originally claimed it was worth a whooping $120 million.

What you need to know:

  • The firm’s explanation came on the day the Tanzanian government said it was yet to ascertain the true origin of the 2.8kg variegated ruby, said to be one of the world’s biggest, which went on display for the first time ahead of an auction in the Gulf emirate of Dubai.