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		</div><p>Police in Istanbul have seized jewels and antiques worth an estimated 30 million dollars (£22.3 million) from businesses in the city’s historic Grand Bazaar during an investigation into smuggled diamonds, Turkish media reported.</p>
<p>The operation was launched after 10 suspects were initially detained for smuggling gems into Turkey, broadcaster CNN Turk and other outlets reported.</p>
<p>Acting on orders from the Istanbul Chief Public Prosecutor’s Office, police raided 23 businesses in the 15th-century covered marketplace, arresting a further 40 people.</p>
<p>Police confiscated some 135 pieces of jewellery, 1,132 ingots of precious metals and 267 historical artefacts with a value of 1.25 billion Turkish liras, according to reports.</p>
<p>Firearms and digital material were also seized.</p>
<p>The Grand Bazaar is one of the world’s most visited tourist sites and hosts thousands of small shops.</p>
<p>It was established by Sultan Mehmet II shortly after he conquered the city from the Byzantine Empire.</p>
<p>Frequently described by tour guides as the world’s first shopping centre, the Grand Bazaar is no stranger to the attentions of law enforcement.</p>
<p>In April, investigators raided a company dealing in foreign currency and precious metals over money-laundering claims.</p>
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