Tag Archives: gold smuggling

Gold smuggling case: Kerala CM seeks thorough probe by Central Agencies

Newsroom24x7 Network

Thiruvananthapuram: Kerala Chief Minister Pinarayi Vijayan has drawn Prime Minister Narendra Modi’s attention to the seizure of about 30 Kg of gold by the Customs Officials at Trivandrum International Airport on 5 July 2020 and sought investigation into this by central agencies.

The Kerala Chief Minister has written to the Prime Minister stating that the fact that there has been an attempt to smuggle huge quantity of gold concealed in diplomatic baggage makes the matter extremely serious.

While pointing out that customs officials are conducting inquiry into the incident, Pinarayi has said the case has serious implications as this undermines the economy of the Nation. In fact, it has more than one angle warranting a thorough investigation.

The Chief Minister, seeking an effective and coordinated investigation into this by all central agencies concerned, has underscored the scope of the probe should cover all aspects from the source to the end utilisation. Every link of this crime should be unravelled so that such incidents do not recur, he has emphasised.

Pinarayi has assured all necessary assistance and support to the agencies involved in the investigation by the State Government.

Swapna Suresh

Pinarayi’s letter to the PM has drawn special attention as Swapna Suresh, the main accused in the gold smuggling case, is considered close to the CM. She was working with the UAE Consulate and had been given a lucrative assignment by the Kerala government. Swapna has gone missing after her name was flagged along with an accomplice, when 30 kg of gold was found hidden in a diplomatic consignment being sent to the UAE Consulate from the capital of Kerala.

DRI busts gold smuggling racket, uncovers smuggling of 7000 Kg of gold

Newsroom24x7 Staff

gold barsNew Delhi: The Delhi Zonal Unit (DZU) of the Directorate of Revenue Intelligence (DRI) has busted a major gold smuggling racket involving smuggling of around 7000 kilograms of gold worth more than Rs. 2000 crore, over a period of last two and half years.

This is perhaps the single largest case of gold smuggling detected by any agency in India. The value of gold seizures by DRI in the current financial year (2016-17) up to 18 September, 2016 alone is about Rs 91 crore.

The gold smuggling case came to light when the officers of the Delhi Zonal Unit (DZU) of the Directorate of Revenue Intelligence (DRI) seized 10 kilograms of gold at the domestic cargo terminal of IGI airport in the capital during the intervening night of September 1 and 2. The seized gold bars of 24 carat purity were admittedly smuggled into India through the Indo-Myanmar land borders and were brought to Delhi from Guwahati by a domestic flight. Market value of the total seized goods is around Rs. 3.1 crore. Involvement of the employees of the airlines and others is being investigated by DRI.

This racket had adopted an ingenious modus operandi of gold smuggling wherein smuggled goods were brought to Delhi from Guwahati on 617 occasions by declaring it as valuable cargo in domestic flights operated by a particular airline, to avoid being detected by Customs. So far, smugglers had been known to be using train and bus routes to carry smuggled gold into different parts of India.

Two of the accused, a Guwahati-based businessman and his Delhi-based aide, have been arrested by DRI in Delhi and remanded to judicial custody. The arrested Guwahati-based businessman was also involved in many cases of smuggling of gold in the past, wherein 37 kilograms of gold worth Rs. 9 crore was seized by DRI. He was also arrested by the Guwahati Unit of DRI in February, 2015 for smuggling 12 kg of gold and later was released on bail.

It has been revealed by DRI that huge quantities of gold bars of foreign origin are being smuggled from Myanmar through Indo-Myanmar border adjacent to Moreh in the state of Manipur and from the Zokhawthar area in Mizoram. Intelligence indicates that activities relating to smuggling of gold bars are continuing unabated. Detection of smuggling of gold through Indo-Myanmar border is challenging due to the topography and porosity of the land border.

DRI has been successful in effecting sizable seizures of gold of foreign origin, emanating from Myanmar, including seizure of 87 kilograms of gold in March, 2015 at Siliguri and 58 kilograms of gold at Kolkata in August, 2016, in which 12 persons were arrested by DRI, Kolkata. In another case involving seizure of 12 kgs of gold in Mumbai on 5 August this year by Mumbai DRI, investigations revealed that the same group had smuggled 700 kgs of gold, valued at over Rs. 200 crore, in the preceding 18 months period. On 11 September this year, foreign currency notes of 7.5 lakh US dollars, valued at about Rs 5 crore were seized near Siliguri by DRI Kolkata Zonal unit from a truck bound for Manipur for smuggling to Myanmar to purchase gold to be brought back by smuggling into the country. A few days ago, on 13 September, DRI Guwahati seized 27.5 kg gold from a Bolero vehicle, valued at Rs 8.56 crore, which was smuggled from Myanmar through the Moreh border.

During the current financial year, from April to July, 2016, the licit import of gold (under CTH 7108) has drastically reduced to about 107 metric tons valued at Rs 24000 crore, as compared to 274 metric tons, valued at Rs 60,700 crore, in the corresponding period in the last financial Year. Total gold import in 2015-16 was about 855 metric tons, valued at about Rs. 1,79,172 crore.

DRI has achieved significant results in the recent past. Value of gold seizures by DRI in the current financial year up to 18th September, 2016 is about Rs 91 crore.

Big seizure of Gold at IGIA – Delhi

There has been a a big seizure of gold at Indira Gandhi International Airport in Delhi yesterday. The Customs authorities seized 15 Kg of gold from an Indan National and a Malaysian National coming from Kuala Lumpur. Both of them were produced in Court today.

Over-valued garments seized at ICD – Hyderabad

The Preventive Officer of Customs posted at the Inland Container Depot (ICD) at Hyderabad, in a day-long operation on Sunday, seized a container-load of highly overvalued garments valued at more than Rs 3 crore, for an attempted Drawback fraud of about Rs 25 lakhs. It is learnt that the shipping bill in this case had been facilitated by the Risk Management System and the goods came from Tirupur.