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DRI seizes smuggled gold worth more than ₹33.40 crore


NEW DELHI: The Revenue Administration (DRI) has seized 394 pieces of gold bars of foreign origin with an approximate weight of 65.46 kg and an estimated value The Finance Ministry said in a statement on Wednesday, 33.40 crore had been smuggled from neighboring countries to the northeast.

Specific intelligence indicates that an organization is actively planning to smuggle gold of foreign origin from Mizoram and use domestic courier shipments by supply chain & logistics companies.

To prevent contraband, “Op Gold Rush” was launched by DRI and a specific shipment claimed to contain ‘Personal Goods’ to Mumbai was intercepted.

According to a press release from the Ministry of Finance, “The inspection of the shipment at Bhiwandi (Maharashtra) on September 19 resulted in the recall and seizure of 120 foreign-origin yellow biscuits weighing approximately 19, 93 Kg and worth around Rs. 10.18 crore. “

Further analysis and investigation revealed that 2 other such consignments, sent by the same sender from the same location to the same recipient, arriving in Mumbai and in transit, were sent through the same shipping company. need. It indicates the location of the shipments that have been traced.

The second consignment was placed and intercepted in Bihar. When searching at the warehouse of the logistics company, 172 gold bars of foreign origin were recovered weighing about 28.57 kg and worth about Rs 14.50.

Similarly, a third consignment was intercepted and inspected at the logistics company’s center in Delhi, resulting in the recall and seizure of 102 pieces of foreign-origin gold bars weighing approximately 16.96 kg and valued at price around Rs. 8.69 crore.

“This series of discoveries has helped uncover a new way of smuggling gold of foreign origin into India from the northeast of the country and through the domestic courier routes of companies. logistics. Such findings strengthen DRI’s ability to detect and combat unique and sophisticated methods of smuggling,” the statement read.

A total of 394 gold bars of foreign origin weighing approximately 65.46 Kg and worth approximately 33.40 crore was recovered and seized in multi-city operations.

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