DRI seizes 11 kg gold worth over Rs 5 crore, foils smuggling attempt
The Directorate of Revenue Intelligence (DRI) has successfully foiled attempts of organised gold smuggling though air route by effecting two successive seizures in Lucknow and Mumbai last week, which had a common method of concealment of gold.
After having received precise intelligence on May 6, DRI officials inspected a consignment which had arrived from Dubai at Air Cargo Complex, Chhatrapati Shivaji Maharaj International Airport in Mumbai. In the import documents, the item was declared as sectional and drum type drain cleaning machines, but on careful examination, 5.8 kg gold valued at Rs 3.10 crore in disc form was found concealed inside two motor rotors of the machine imported in the said consignment.
The importer was located in South Mumbai and was arrested. The importer has been sent to judicial custody by a local court.
This seizure in Mumbai was on the heels of another seizure made by DRI Officers in Lucknow a day earlier on May 5. In that case too, DRI intercepted an import cargo said to contain an electrical threading machine at Air Cargo Complex of Chaudhary Charan Singh International Airport in Lucknow, and gold discs were found concealed in the machines in a very similar fashion. Total 5.2 kg gold, valued at Rs 2.78 crore, was seized in this case.
Related Posts
Actor held in Rs 7 crore fake notes racket denied bail
MUMBAI: A special court recently refused to grant bail to a 32-year-old actor...
Fake Apple Watch Already Selling In China For Just $40
It underscores the amazing speed at which Chinese counterfeiters can bring clones...
Two Arrested For Smuggling Liquor From Telangana To Andhra Pradesh
Police officials have arrested two persons on Tuesday for allegedly smuggling...
UP ATS nabs 4th accused in inter-state fake currency racket; Rs 1.05 lakh seized from Sitapur man; gang used Alibaba-sourced paper, Photoshop files to mimic notes
The UP Anti-Terrorist Squad (ATS) has apprehended a fourth suspect, Anas Ahmad,...