Sri Lanka becomes smuggling hotspot, DRI seizes 32 kg gold worth Rs 10 crore in Chennai
In a span of less than 24 hours, officers of the Directorate of Revenue Intelligence (DRI), Chennai Zonal Unit, seized a total of 32.249 kg of gold valued at Rs 10.215 crore. It was smuggled into India by sea and being transported to Chennai for sale.
Six people were apprehended in connection with the case and all of them in their statements admitted that they purposely transported the smuggled gold to Chennai.
The gold was being smuggled from Sri Lanka through coastal Tamil Nadu.
On Tuesday evening, DRI officials kept a strict vigil in the bylanes of Mannady and observed a person on a two-wheeler receiving a heavy suspicious looking package.
The receiver of the contraband was apprehended by the officials. After detailed examination the gold was found to weigh 12.149 kg.
Related Posts
Neither an Authentic Product nor a Counterfeit: The Growing Popularity of Shanzhai Products in Global Markets.
Counterfeits have been a longstanding concern to global brand manufactures....
FICCI CASCADE for status quo on GST rate on tobacco products to check smuggling
Ahead of crucial GST Council meet on Wednesday, industry body FICCI's arm made a...
Man gets year in prison for smuggling cigarettes from Missouri
A Chicago man has been sentenced to a year in prison after pleading guilty to...
Fake champagne, whiskey and food seized
Illicit oil, vinegar, honey and champagne have been seized in a huge clampdown on...