With the National Investigation Agency (NIA) turning its focus on gold smuggling, conducting such activities is likely to become even tougher, at least for a couple of months, according to market and official sources.
The NIA is currently investigating the Kerala gold smuggling racket, in which the accused Swapna Prabha Suresh and Sandeep Nair allegedly forged the seal and emblem of the UAE Embassy to commit the crime. According to the central probe agency, the smuggled gold was to be used not for jewellery but terror activities.
So far, investigations into gold smuggling cases were being carried out by Customs officials and