• HOME
  • ABOUT US
  • NEWS
    • NEWS
    • GUEST ARTICLES
  • PUBLICATIONS
    • ENGLISH
      • LATEST ISSUE
      • ADVERTISE WITH US
      • SUBSCRIBE NOW
    • HINDI
      • LATEST ISSUE
      • ADVERTISE WITH US
      • SUBSCRIBE NOW
  • BUSINESS DELEGATIONS
  • DESIGN GALLERY
  • UPCOMING EXHIBITIONS
    • DOMESTIC
    • OVERSEAS
  • DIRECTORY
    • MANUFACTURER LIST
    • RETAILERS LIST
  • CONTACT US
 

DRI busts Myanmar-India gold smuggling network; gold worth Rs 28 cr seized, 8 held

22-01-2021   14:25 PM

In a major bust of the Myanmar-India gold smuggling network, the Delhi Zonal Unit of the Directorate of Revenue Intelligence (DRI) has seized 55.61 kg of foreign-origin gold valued at Rs 28 crores from eight persons at two locations -- Delhi and Lucknow, said the Ministry of Finance on Thursday.
According to an official release, specific information was developed by DRI regarding smuggling of huge quantity of foreign origin gold from Myanmar into India through the Indo-Myanmar border and sending it to different parts of India.
"Five passengers were intercepted by officers of DRI, Delhi Zonal Unit near Delhi and three passengers were intercepted by the officers of DRI, Lucknow Zonal Unit at Lucknow. Search of the persons resulted in recovery and seizure of 335 gold bars, weighing 55.61 kg. The said eight persons have been apprehended," it added.
Keeping constant vigil over these routes, and with a view to thwarting any large-scale smuggling efforts, the Ministry said that the officers of DRI have made a string of spectacular gold seizures in the past six months. These include seizure of 51.33 kg of smuggled gold in November 2020 by the DRI Guwahati Zonal Unit, seizure of 84 kg and 66 kg of smuggled gold in August and November 2020, respectively, by the DRI Zonal Unit.


Courtesy- ANI

Share : 

Glittering start to GJIIF Chennai

26-02-2021   14:0 PM

Glittering start to GJIIF Chennai.A three day B2B jewellery exhibition with over 400 exhibitors and 1100 stall spread over 1,20,000 sqft was inaugurated by G. Rajendran , Chairman & Founder GRT Jewellers , As...

Read More

GJEPC signs MoU with eBay to boost retail exports of Gems & Jewellery from India

26-02-2021   13:55 PM

In yet another landmark step, The Gem & Jewellery Export Promotion Council (GJEPC), apex body of Gem & Jewellery trade in India since 1966 signed an MoU with ES Online Services (India) Pvt. Ltd. (an eBay Group...

Read More

Gold pressured by rising bond yields, shorter-term futures bears

26-02-2021   13:50 PM

Gold futures prices are solidly lower in midday U.S. trading Thursday. Rising government bond yields are at least short-term bearish for the precious metals markets as the benchmark U.S. Treasury note is prese...

Read More

ED asked to start probe into gold smuggling racket

26-02-2021   13:45 PM

The Central Economic Intelligence Bureau has asked the Enforcement Directorate to initiate a money laundering probe into a gold smuggling racket that involves a leading Delhi jeweller, some bureaucrats and pol...

Read More

Indian Institute of Gem and Jewellery launches retail training programme with Orra

26-02-2021   13:40 PM

Indian Institute of Gem and Jewellery (IIGJ), Mumbai has collaborated with Orra, a diamond jewellery retail chain owned by Rosy Blue, to start an intensive 12-day training program called the “Orra Graduate Ret...

Read More

Khimji Jewellers celebrates 12th Anniversary of its iconic 621 Janpath Store

26-02-2021   13:35 PM

The most trusted jewellery brand of Odisha, Khimji Jewellers with a legacy of 84 years celebrates 12th Anniversary of its iconic 621 Janpath Store in Bhubaneswar. As part of the celebration, the brand announce...

Read More

Live Spot Gold

GOLD PRICE

Design Gallery

Videos

View More Videos
GJS - Virtual T. .
AOJ Exclusive I. .
Auspicious Aksh. .
Video Snippets. .

UPCOMING EXHIBITIONS - DOMESTIC

Jaipur Jewellery Show

December 19-22-2020 | Jaipur

View More Domestic Events

UPCOMING EXHIBITIONS - OVERSEAS

Baselworld

January 28-2-2021 | Basel, Switzerland

View More Overseas Events

FOLLOW US ON
February 2021  English Edition
Subscribe Now Print Edition
Subscribe Now Digital Edition

© 2016 AOJ Media Pvt Ltd - All Rights Reserved. | Developed by Creed Global Tech.    T & C   Privacy Policy 

Top
Close