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Catch Of 10 Kg Smuggled Gold Bust Syndicate @ Rs 2 k Crores

Sep. 19 Crime, Travel, World Comments

[New Delhi]Catch Of 10 Kg Smuggled Gold Bust Racket Worth Rs 2 k Crores
DRI today claims to have Busted Gold Smuggling Racket @ Rs 2,000 crore
A major gold smuggling racket that illegally brought around 7,000 kilograms of gold worth over Rs 2,000 crore from Myanmar to India in past over two years has been busted by Directorate of Revenue Intelligence (DRI).
The syndicate was smuggling the gold through Indo-Myanmar land border and then bringing it to Delhi and other locations in domestic flights by declaring the yellow metal as valuable cargo, .
As per the DRI in a press release ,officers of Delhi zonal unit of the agency seized 10 kg of gold at the domestic cargo terminal of Indira Gandhi International airport recently. The seized gold bars of 24 carat purity were admittedly smuggled into India from Myanmar and brought to Delhi from Guwahati by a domestic flight,But name of the domestic flight has not been disclosed
Market value of the 10 kg of seized gold is Rs 3.1 crore.
Two accused–a Guwahati-based businessman and his Delhi-based aide–have been arrested by the DRI and sent to judicial custody. They had brought gold to Delhi from Guwahati on 617 occasions by declaring it as the valuable cargo in domestic flights,
Symbolic File Photo

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