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62 gold bars smuggled from Sri Lanka seized

62 gold bars smuggled from Sri Lanka seized

January 22, 2016  01:56 pm

Gold bars valued at 22.1 million Indian rupees (LKR 47.2 million), smuggled into India from Sri Lanka, have been seized from a vehicle by Directorate of Revenue Intelligence officials at a toll gate on a national highway in Tamil Nadu. 

A total of 8.325 kg of gold was seized from the van. It included 62 bars with foreign markings, each weighing 100 grams, two bars weighing one kg each with similar markings and one cut piece gold bar, a DRI release said tonight. 

The DRI acted on specific intelligence that gold bars were being smuggled to India from the island nation by boats through coastal villages near Nagapattinam. They were then moved to Thanjavur and later transported to Chennai by car. 

DRI officers were deployed in and around coastal villages and at important road junctions and highways connecting Chennai to Thanjavur. 

The van was intercepted at Valvathankottai toll gate on Tiruchirapalli-Thanjavur National Highway early this morning. 

The two occupants on being questioned admitted that they were transporting the gold received from Nagapattinam coast and bought from Sri Lanka into India through boat. 

The duo were arrested for violations under the provision of Customs Act, 1962, the release said.

Source: PTI


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