Don’t miss the latest developments in business and finance.

Man held for smuggling gold worth Rs 3 cr from Myanmar

Image
Press Trust of India Kolkata
Last Updated : Aug 04 2017 | 8:32 PM IST
A man has been arrested by the DRI for allegedly trying to smuggle gold worth Rs 3 crore into the country from Myanmar.
The accused, a native of Mizoram, was intercepted by officials of the Directorate of Revenue Intelligence (DRI) upon his arrival at the airport here, an official release said today.
As the passengers began to disembark from the aerobridge into the terminal building, a team of DRI officers, with the help of CISF personnel on duty, cordoned off the area and commenced security checks, it said.
"This operation led to the seizure of 9.96 kgs gold (six gold bars each weighing 1.66 kg) having a market value of approximately Rs 3 crore. The gold biscuits were found in his backpack," the release said.
The apprehended person admitted to having smuggled them into India from Myanmar, it said.
"The person arrested in this case was found to be well educated. He had studied at Delhi University. He confessed to falling for the lure of easy money being offered to carriers of such smuggled gold by organised smuggling syndicates," the DRI release said.

Also Read

First Published: Aug 04 2017 | 8:32 PM IST

Next Story