Sunday 8 December 2019
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Nearly 1,400 kg smuggled gold worth Rs 490 cr seized by DRI, customs officials this fiscal

Nearly 1,400 kg of smuggled gold worth Rs 490 crore was seized by DRI and other customs officials during the ongoing fiscal, according to an official statement issued on Tuesday. Over 4,000 kg of smuggled gold worth Rs 1,265 crore and foreign currency equivalent to Rs 164 crore were seized by the Directorate of Revenue Intelligence (DRI) and other customs wings during the financial year 2018-19. In the current financial year 2019-20 (till July 2019), 1,390 kg of smuggled gold valued at Rs 490 crore and foreign currency equivalent to Rs 428 crore were seized, the DRI said in the statement. In the ongoing fiscal, (till July 2019), 78 foreign nationals were arrested for smuggling gold and 23 foreign nationals were held for smuggling foreign currency, it said. During the financial year 2018-19, 210 foreign nationals were arrested in smuggling of gold cases and 35 foreign nationals were arrested in smuggling of foreign currency by DRI and other customs formations, the statement ...


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