The revival of gold smuggling and the role Dubai, China and SL are playing

ArticleCurrencyMarch 13, 2018 - 6:43:23 AM

The Directorate of Revenue Intelligence which seized 23.1 kilograms of gold smuggled into India from Sri Lanka.

This is not just a one off seizure and officials have in the past month alone seized over 50 kilograms of gold and all these operations fell under the DRI Chennai Zonal Unit.

While the past year has seen seizure to the tune of 103 kilograms on the Sri-Lanka India route, the problem has been persisting in Mumbai, Delhi and also at the Nepal border. The Mumbai airport alone recorded seizure to the tune of 125 kilograms of gold in 2017 when compared to the 66 kgs that were seized in 2016...

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