
14.7 kg of smuggled gold seized at Kochi Port
KOCHI: In a major crackdown, the Directorate of Revenue Intelligence (DRI) on Tuesday seized 14.7 kg of gold from a baggage that arrived at Kochi port. Even though gold seizure from airports is common in Kerala, it was after years of gap that gold was seized from a sea port in state.According to DRI officers, following the seizure, searches were carried out in various locations in Malappuram and Kozhikode districts. The seized gold is valued at Rs 7.2 crore which is the highest one this year.
“A Malappuram native booked and sent the shipping cargo from Dubai. The gold was cleverly concealed inside a refrigerator. There were more than 120 gold biscuits. The person who sent the cargo reached Kerala in a flight a few weeks ago. The ship arrived last week. He was in Kochi to receive the cargo. We have taken him into custody and interrogation is on. We are also conducting searches at his residences and places named by him during the interrogation,” sources said.
DRI suspect that the gang involved in gold smuggling had used the sea route earlier. “With gold being seized at airports frequently, the gang switched to ship cargo route. We suspect that they had carried out smuggling in a similar manner before. It is also being investigated whether any Customs officials is involved.
Related Posts
Illegal Tobacco Trade Costing The Country Billions In Lost Taxes
The Portfolio Committee on Trade and Industry today heard that the government has...
Fake fertilizer makers slapped with fines
The People's Committee of the Central Highlands of Lam Dong Province yesterday...
Tobacco products and public policy
A chara, – I fear John Mallon is in error (June 8th), or at least gives the...
BSF Nabs 13 Bangladeshi Smugglers, Seizes Contraband Worth Over Rs 10 Lakh in Meghalaya
Shillong, Dec 23: Acting on specific intelligence on Sunday, vigilant troops of...