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India seized 833 kg gold worth Rs 405 cr in FY22, highest from Myanmar

The highest amount of gold seized was of Myanmar origin, marking a significant shift from 2019-20, when the majority of it was from West Asia

Gold, Precious metal
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Photo: Bloomberg

Raghav Aggarwal New Delhi
The Directorate of Revenue Intelligence (DRI) seized 833.07 kg of smuggled gold worth Rs 405.35 crore in 2021-22 (FY22), a report released Monday showed. The highest amount of gold seized was of Myanmar origin, marking a significant shift from 2019-20, when the majority of it was from West Asia. In FY21, 69 per cent of the total gold seized worth Rs 1,199.4 crore originated from Myanmar.

The "Smuggling in India 2021-22" report released by finance minister Nirmala Sitharaman on DRI's 65th Foundation Day showed that 37 per cent of all the gold seized in FY22 was from Myanmar. 20 per

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