The 'Gem of Tanzania' was bought by the company in 2007 Photo: Reuters The Gem of Tanzania was listed as an asset by Wrekin Construction, which bought the stone in 2007. Last year the firm said the value of the gemstone had been judged at £11million according to a document that purported to be from a professional valuer based in Italy.   Related Articles Wrekin's £11m ruby overvalued Zavvi creditors to be paid just 5pc Burdale Financial chairman Dennis Levine defends Woolies' role The great British lobby MP Stephen Dorrell faces backlash over Wensum 'pre-pack' In May last year administrators to the Shropshire-based construction firm — which collapsed last March with the loss of 300 jobs — declared the documents that accompanied the 4.41lb stone’s valuation a forgery. Last week, the ruby was sold to Pertemps Investments Ltd for £8,010. Wrekin was owed £2million from government contracts when it went into administration, but it also had debts of more than £3.[Read more...]