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5 Bhutanese nationals arrested for smuggling 20 kg gold worth Rs 6.4 crores

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5 Bhutanese nationals arrested for smuggling 20 kg gold worth Rs 6.4 crores

The smuggling of gold into India is at peak during the festive season.

The Directorate of Revenue Intelligence (DRI) has seized 20 kg of smuggled gold worth Rs 6.4 crores in two separate operations in Delhi.

On October 31, officers of DRI intercepted two passengers arriving by train from West Bengal and seized 10 kg of foreign marked smuggled gold worth Rs 3.13 crores from them. The gold was being smuggled into India from Bhutan and transported to Delhi.

In another operation conducted on the same day, officers of DRI seized 10.2 kg of foreign marked smuggled gold from three passengers arriving by another train from West Bengal.

The gold in both the cases was concealed in specially designed cloth belts worn by the passengers. The seized gold had been smuggled via the land border with neighbouring countries and was being transported to Delhi for sale during the festive season.

All the five accused are Bhutanese nationals and have been arrested under the Customs Act.

The smuggling of gold into India is expected at peak during the festive season due to increased demand and a high difference between the price of gold in India and the source countries.

Last week, DRI had seized 100 kg of smuggled from across the country in operations carried out over a period of two days.

Also read: DRI seizes more than 100 kg smuggled gold in major crackdowns across country

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