gold worth rs 21 cr seized, 4 arrested - dri
TRANSCRIPT
Gold worth Rs 21 cr seized, 4 arrested IANS | Kolkata December 08,
2018 Last Updated at 18:48 IST
Around 66 kg of foreign-origin gold, valued at over Rs 21 crore, was seized in two different search operations and four persons were arrested, an official said on Saturday.
Acting on a tip, a car was intercepted by the Directorate of Revenue Intelligence (DRI) after a high-speed chase near Lucknow on Thursday and 33 gold bars of one kg each valued at Rs 10.56 crore were seized.
"Smuggled gold bars were concealed under a specially made cavity near the driver seat. Two persons were arrested," an official said.
Information was received by the agency that a smuggling syndicate was actively engaged in smuggling huge quantity of foreign-origin gold from Bhutan into India through West Bengal and sending it to different parts of India, a DRI official said.
In another related operation launched by the agency on Friday, a car along with two occupants was intercepted near Kolkata. From their possession, 33 pieces of foreign origin gold weighing 33 kg and valued at Rs 10.46 crore was seized.
In a follow up action at Siliguri, Rs 3.5 lakh in cash which was suspected to be the proceeds of smuggling was recovered.
During fiscal 2017-18, Indian customs have seized 3.22 tonnes of gold which was 103 per cent more than in 2016-17.
This gold is believed to be smuggled from Bangladesh, Myanmar, Nepal, Bhutan and China.
--IANS
bdc/mag/mr
>
DRI , 66 4
Updated Dec 08, 2018 | 18:59 IST |
21 66 -
66 | : ANI
: () 66 21 , 6 7 2018 -
- 6 2018
Source:- www. khabar.ndtv.com Date:- December 08, 2018 | |
66 ,
21 66 .
Reported by: , Updated: 8 , 2018 6:29 PM
.
: 21 66 . . 6 33 . 33 , 11 . , .
7 33 . .
. . . 2.63 .
Powered by
Industry Newsletters Commodities Speed Blogs RSS
About Us Subscribe to ET Prime
Create Your Own Ad Advertise with Us Terms of Use & Grievance Redressal Privacy policy
Business News › News › Politics and Nation
-
32,337.00 51.00 / …
71.19 -0.05
CHOOSE LANGUAGE
HIN
BY , ET BUREAU | DEC 08, 2018, 05.42 PM IST Post a Comment
Big Change: The end of Five-Year Plans: All you need to know
66 kg gold worth Rs 21 crore seized by Directorate of Revenue Intelligence
In major crackdown, the Directorate of Revenue Intelligence has seized 66 kgs of smuggled gold valued at about to Rs 21 crore. The gold was captured during raids in Lucknow, Kolkata and two premises in Siliguri as part of operation against a smuggling syndicate on 06th and 07th December, 2018. Four persons have been arrested and four cars used in smuggling have been seized, the agency said in a statement. Information was received by DRI that a smuggling syndicate is actively engaged in smuggling of huge quantity of foreign origin gold from Bhutan into India through Indo-Bhutan border in West Bengal and sending it to different parts of India. On 06.12.18, one car along with two occupants was intercepted by DRI officers after a high-speed chase near Lucknow. Search of the intercepted car resulted in recovery and seizure of 33 bars of 1 kg each, weighing 33 kgs of foreign gold valued at Rs. 10.56 crores concealed under a specially made cavity near the driver seat. Out of two occupants of the said intercepted car, one was the main controller of the syndicate. In another related operation launched by DRI officers in early hours of 07.12.18, one car along with two occupants was intercepted near Kolkata and from their possession another 33 pcs gold of foreign origin weighing 33 kgs valued at Rs. 10.46 crore was seized. The smuggled gold was concealed in a specially built box fixed behind the dash board and also in a specially built cavity near gearbox of the car. In a swift follow up action at Siliguri, Rs.3.5 lakhs in cash which are suspected to be the proceeds of smuggling and two more cars were seized under the provisions of the Customs Act. All the carswere found to have specially built cavities, indicating their usage for carrying smuggled gold in the past as well.
This policy gets you cashless facility in 4000+ hospitals! IFFCO TOKIO
-1 FITNESSCURE
Recommended By Colombia
In the current financial year 2018-19 large number of cases of gold smuggling have been booked. During the period April to November 2018, Indian Customs has already seized about 2.63 Tons of gold. During the financial year 2017-18 (April to March), Indian Customs had seized 3.22 Tonsgold which was 103% higher than in 2016-17. This gold is believed to be smuggled from India’s land borders with Bangladesh, Myanmar, Nepal, Bhutan and China.
DEEPSHIKHA SIKARWAR
Stay on top of business news with The Economic Times App. Download it Now!
Book your Newspaper Subscription
03:01 PM | 17 JAN
Around 66 kg of foreign-origin gold, valued at over Rs 21 crore, was seized in two different search operations and four persons were arrested, an official said on Saturday.
Acting on a tip, a car was intercepted by the Directorate of Revenue Intelligence (DRI) after a high-speed chase near Lucknow on Thursday and 33 gold bars of one kg each valued at Rs 10.56 crore were seized.
"Smuggled gold bars were concealed under a specially made cavity near the driver seat. Two persons were arrested," an official said.
Information was received by the agency that a smuggling syndicate was actively engaged in smuggling huge quantity of foreign-origin gold from Bhutan into India through West Bengal and sending it to different parts of India, a DRI official said.
In another related operation launched by the agency on Friday, a car along with two occupants was intercepted near Kolkata. From their possession, 33 pieces of foreign origin gold weighing 33 kg and valued at Rs 10.46 crore was seized.
In a follow up action at Siliguri, Rs 3.5 lakh in cash which was suspected to be the proceeds of smuggling was recovered.
During fiscal 2017-18, Indian customs have seized 3.22 tonnes of gold which was 103 per cent more than in 2016-17.
This gold is believed to be smuggled from Bangladesh, Myanmar, Nepal, Bhutan and China.
--IANS
bdc/mag/mr
>
DRI , 66 4
Updated Dec 08, 2018 | 18:59 IST |
21 66 -
66 | : ANI
: () 66 21 , 6 7 2018 -
- 6 2018
Source:- www. khabar.ndtv.com Date:- December 08, 2018 | |
66 ,
21 66 .
Reported by: , Updated: 8 , 2018 6:29 PM
.
: 21 66 . . 6 33 . 33 , 11 . , .
7 33 . .
. . . 2.63 .
Powered by
Industry Newsletters Commodities Speed Blogs RSS
About Us Subscribe to ET Prime
Create Your Own Ad Advertise with Us Terms of Use & Grievance Redressal Privacy policy
Business News › News › Politics and Nation
-
32,337.00 51.00 / …
71.19 -0.05
CHOOSE LANGUAGE
HIN
BY , ET BUREAU | DEC 08, 2018, 05.42 PM IST Post a Comment
Big Change: The end of Five-Year Plans: All you need to know
66 kg gold worth Rs 21 crore seized by Directorate of Revenue Intelligence
In major crackdown, the Directorate of Revenue Intelligence has seized 66 kgs of smuggled gold valued at about to Rs 21 crore. The gold was captured during raids in Lucknow, Kolkata and two premises in Siliguri as part of operation against a smuggling syndicate on 06th and 07th December, 2018. Four persons have been arrested and four cars used in smuggling have been seized, the agency said in a statement. Information was received by DRI that a smuggling syndicate is actively engaged in smuggling of huge quantity of foreign origin gold from Bhutan into India through Indo-Bhutan border in West Bengal and sending it to different parts of India. On 06.12.18, one car along with two occupants was intercepted by DRI officers after a high-speed chase near Lucknow. Search of the intercepted car resulted in recovery and seizure of 33 bars of 1 kg each, weighing 33 kgs of foreign gold valued at Rs. 10.56 crores concealed under a specially made cavity near the driver seat. Out of two occupants of the said intercepted car, one was the main controller of the syndicate. In another related operation launched by DRI officers in early hours of 07.12.18, one car along with two occupants was intercepted near Kolkata and from their possession another 33 pcs gold of foreign origin weighing 33 kgs valued at Rs. 10.46 crore was seized. The smuggled gold was concealed in a specially built box fixed behind the dash board and also in a specially built cavity near gearbox of the car. In a swift follow up action at Siliguri, Rs.3.5 lakhs in cash which are suspected to be the proceeds of smuggling and two more cars were seized under the provisions of the Customs Act. All the carswere found to have specially built cavities, indicating their usage for carrying smuggled gold in the past as well.
This policy gets you cashless facility in 4000+ hospitals! IFFCO TOKIO
-1 FITNESSCURE
Recommended By Colombia
In the current financial year 2018-19 large number of cases of gold smuggling have been booked. During the period April to November 2018, Indian Customs has already seized about 2.63 Tons of gold. During the financial year 2017-18 (April to March), Indian Customs had seized 3.22 Tonsgold which was 103% higher than in 2016-17. This gold is believed to be smuggled from India’s land borders with Bangladesh, Myanmar, Nepal, Bhutan and China.
DEEPSHIKHA SIKARWAR
Stay on top of business news with The Economic Times App. Download it Now!
Book your Newspaper Subscription
03:01 PM | 17 JAN