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Mumbai: DRI busts major gold smuggling racket
Updated On: 13 October, 2023 08:06 AM IST | Mumbai | Agencies
A DRI release said eight people were arrested in this connection, including five women comprising four Kenyans and a Tanzanian who were used as carriers of the smuggled gold
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DRI raided a gold melting facility and a jewellery shop. File pic
Sales proceeds from smuggled gold worth Rs 3.62 crore as well as Rs 2.95 crore cash and 2.1 kilograms of gold were seized following a raid by the Directorate of Revenue Intelligence on a gold melting facility and a jewellery shop, an official said on Thursday. A DRI release said eight people were arrested in this connection, including five women comprising four Kenyans and a Tanzanian who were used as carriers of the smuggled gold.
“Acting on specific intelligence, the DRI clandestinely searched the premises being used for melting smuggled gold followed by search at the premises of a jeweller who was the purchaser of the smuggled gold,” the release informed. “During the searches, 2.1 of gold that was smuggled into India, USD 1 lakh amounting to Rs 84.15 lakh in Indian money, as well as Rs 2.32 crore cash, all of which are sale proceeds from smuggled gold, were seized from the melting facility and the jewellery shop in Mumbai,” the statement added. The owner-cum-operator of the melting facility is a repeat offender who is wanted in other cases as well, it said. A strict vigil by the DRI led to searches in two hotels from where the accused hailing from Africa ran their business, the release said.
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