Call Him A Somewhat Friendly WitnessZachary Schiller
General Electric is taking an unusual tack to secure testimony of a key witness in its diamond-price-fixing trial, set for Oct. 11. Peter Frenz, its European sales manager for industrial diamonds, won't appear. And since German national Frenz lives in Frankfurt, the U.S. Justice Dept. can't compel him to do so. Frenz and his co-defendants GE and Swiss-based De Beers Centenary say they are innocent. Frenz says he doesn't want to endure a trial.
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