DRI busts illicit gold facility in pan-India operations; 9 kg smuggled gold, 42 kg silver, and forex worth Rs.8.5 crore seized
New Delhi, July 1 -- In its continued crackdown against cross border gold smuggling, Directorate of Revenue intelligence (DRI) officers busted another Delhi-based gold smuggling syndicate involved in smuggling foreign-origin gold from the North Eastern region to Delhi using multiple carriers travelling by different trains.
The DRI has seized around 9 kg smuggled foreign-origin gold, 42 kg silver, foreign currency worth about Rs 8.15 crore, and Rs 26.67 lakh in Indian currency, while arresting eight people, according to a statement released by Ministry of Finance on Wednesday.
The syndicate staggered the movement of carriers to reduce risk of detection. They operated a melting facility in a densely populated residential area of Delhi, th...
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