Criminal has satchel stuffed with diamonds for example (6)

I believe the answer is:

badegg

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'criminal' is the definition.
I don't know anything about this answer so I cannot judge whether this works.

'satchel stuffed with diamonds for example' is the wordplay.
'satchel' becomes 'bag' (I've seen this in another clue).
'stuffed with' indicates putting letters inside (some letters get stuffed inside).
'diamonds' becomes 'd' (abbreviation in bridge say).
'for example' becomes 'eg' (short for 'exempli gratia', 'for example' in Latin).
'd'+'eg'='deg'
'bag' enclosing 'deg' is 'BADEGG'.

'has' is the link.

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I've seen this clue in The Irish Times.

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