Ukraine’s National Agency on Corruption Prevention (NACP) has added 'Shree Ramkrishna Exports Private Limited (SRK)' to its list of international sponsors of the war, as per a Deccan Herald report.
Targeting SRK, which is one of India's leading diamond manufacturing and exporting companies, Ukraine has accused the firm of continuing to purchase rough diamonds from Russia and thus defying sanctions imposed on the country.
However, SRK has countered the allegations of NACP, claiming that it had consistently operated within the framework of the national and international guidelines, complying with all regulations issued by the UN, Office of Foreign Assets Control of the US Treasury, and other national and international authorities.
Incidentally, this comes just days after India persuaded the US and the West, at the 18th G20 summit in New Delhi, to accept a declaration that refrained from condemning Russia. Mentioning that SRK does not endorse or support any kind of war or conflict anywhere in the world, SRK also claimed that Ukraine targeted the company with an 'apparent intent' of tarnishing the image of the diamond industry in India.
Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished
