DRI Busts Gold Smuggling Syndicate Operated by Chinese Nationals; Recovers Gold Worth ₹1.10 Crore From Treadmill Motor
DRI said the syndicate hid 691.870 grams of 24-carat gold in a treadmill motor and two people were arrested under the Customs Act.
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Maharashtra: DRI Busts Gold-smuggling Syndicate Operated by Chinese Nationals, Seizes Gold Worth Rs 1.10 Crore
Get latest articles and stories on India at LatestLY. The Directorate of Revenue Intelligence (DRI), Mumbai Zonal Unit, busted an international gold-smuggling syndicate allegedly operated by Chinese nationals and seized 691.870 grams of 24-carat gold worth approximately Rs 1.10 crore, the agency said. India News | Maharashtra: DRI Busts Gold-smuggling Syndicate Operated by Chinese Nationals, Seizes Gold Worth Rs 1.10 Crore.
DRI busts gold-smuggling syndicate run by Chinese nationals, gold worth Rs 1.10 crore seized
The investigation revealed that a group of Chinese nationals, in association with Indian accomplices, had devised an ingenious modus operandi to smuggle gold through legitimate commercial imports.
Mumbai: The Directorate of Revenue Intelligence has seized 24-carat gold worth Rs 1.10 crore hidden inside a treadmill motor. 691.870 grams of gold was found in a consignment imported from Hong Kong at the Mumbai Air Cargo Complex. Two people, including a Chinese national, were arrested under customs laws. The DRI Mumbai zonal unit took action against an international gold smuggling gang. When the treadmill motor that arrived from Hong Kong was …
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