The Directorate of Revenue Intelligence (DRI) seized gold biscuits worth Rs. 3.77 crores from the Indo-Bangla border.
The Directorate of Revenue Intelligence (DRI) seized gold biscuits worth Rs. 3.77 crores from the Indo-Bangla border.
“Acting on a tip off, DRI intercepted two persons at Majhdia Railway Station near the Indo-Bangladesh border. On interception, we unfolded a smuggling racket of foreign origin gold from the possession of two persons,” said an official of DRI.
As much as 11.66 kgs of gold was recovered from the possession of two persons who would smuggle gold from Bangladesh into India. Later, distribute the foreign-origin gold to different parts of India.
“On January 7, DRI officials laid out an elaborate plan and in a skillfully executed operation boarded the train in disguise of ordinary passengers. They scanned all the passengers on board the train and zeroed in two persons. Immediately, the two suspicious persons were interception and identified as carriers for the smuggled gold biscuits,” added the official.
A search was carried out and 100 biscuits of foreign-origin gold of 116.64 gm each, totally weighing 11.66 kgs valued at Rs. 3.77 crores concealed in specially tailored waist belts was found on them.
Immediately, the two were arrested and produced before the court. The judicial magistrate remanded them to judicial custody.
With this seizure, in the current financial year, in the region spread over West Bengal and the north-eastern states, the DRI has seized about 395 kgs of gold and gold jewellery valued close to Rs 123 crores. These seized gold are believed to be smuggled from India’s land borders with Bangladesh, Myanmar, Nepal, Bhutan and China.
The DRI official added, “Anybody can support the fight against cross border crime, smuggling and trade based money laundering by giving information to DRI. The names of informer are not only kept confidential, but there is an excellent reward scheme also, which is Income Tax free. For every one kg of gold seized and confiscated, the informer can get a maximum reward of upto Rs 1.5 Lakhs per kg, depending on the purity of the gold and the accuracy of the information.”
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 "DRI seizes gold worth Rs.3.77 crores from Indo-Bangla border")
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