Thiruvananthapuram: A series of reports of gold smuggling into India, mainly carried out by rackets operated by Keralites, has one common feature: A good number of the carriers of smuggled gold into India are women from northern Kerala. In one case, a Keralite woman and her two daughters are suspected to be part of a smuggling ring.
Over half a dozen women have already been caught smuggling gold into the country, including an air hostess and a former assistant manager of a bank. Police suspect that more and more women are taking the plunge into the smuggling business for to make quick money.
Gold smuggling turned into an attractive proposition following the federal government’s decision to hike the import duty on gold to 10 per cent, with the aim of containing the government’s current account deficit. In the past few weeks alone, over 60kg of gold is estimated to have been taken into custody by the department of revenue intelligence officials from the three airports in the state during smuggling attempts.
10/11/13 Akhel Mathew/Gulf News
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Over half a dozen women have already been caught smuggling gold into the country, including an air hostess and a former assistant manager of a bank. Police suspect that more and more women are taking the plunge into the smuggling business for to make quick money.
Gold smuggling turned into an attractive proposition following the federal government’s decision to hike the import duty on gold to 10 per cent, with the aim of containing the government’s current account deficit. In the past few weeks alone, over 60kg of gold is estimated to have been taken into custody by the department of revenue intelligence officials from the three airports in the state during smuggling attempts.
10/11/13 Akhel Mathew/Gulf News
