DRI seizes 42 kg of smuggled gold

The Directorate of Revenue Intelligence (DRI) seized 42 kg of smuggled gold worth ₹16.50 crore and arrested 10 persons in operations conducted in Kolkata, Raipur and Mumbai. “Over the past two days, the DRI has busted a pro-active gold smuggling syndicate. It led to the seizure of 42 kg of smuggled gold and jewellery weighing more than 500 gm,” said an official.

The operation was launched on an intelligence input that gold smuggled in from Bangladesh had been kept in a flat of one Govind Malviya alias Govind Lal Lohar, another flat of his associate Firoj Mulla and his shop in different parts of Kolkata.

A total of 26.650 kg of gold in the form of bars, biscuits, cut pieces and jewellery weighing 552.030 gm were found on the residential premises. “Seven persons, Govind Malviya, Anna Ram, Mahendra Kumar, Firoj Mulla, Suraj Magabul Mulla, Kailash Jagtap and Vishal Ankush Mane, were arrested under the Customs Act,” the official said.

https://www.thehindu.com/news/national/dri-seizes-42-kg-of-smuggled-gold/article30272996.ece