Sunday, June 25, 2017

DRI seizes gold worth ₹1.39 crore at Mumbai airport cargo complex

Mumbai: The Directorate of Revenue Intelligence on Saturday seized gold worth ₹1.39 crore along with other contraband that was allegedly being smuggled through the Air Cargo Complex at Chhatrapati Shivaji International Airport. One person has been arrested in connection with the case.

According to DRI officers, the seizure was made based on a tip-off, which said gold and other contraband were going to be smuggled through the airport.

“Acting on the information received, our officers intercepted a cargo consignment that had arrived from Hong Kong via Colombo. It had been declared as machine parts and crankshafts in the manifest. However, we found three hollow cylindrical pistons,” a DRI officer said.

The pistons were found to contain gold and a dark metallic powder suspected to the iridium, an expensive metal used to increase the weight of gold. “The pistons contained five kg of gold worth ₹1.39 crore. The powder weighs 1.5 kg and would be worth ₹30 lakh if it does turn out to be iridium,” the officer said.
25/06/17 The Hindu