Wednesday, January 02, 2019

Gold worth over Rs 110 crore seized at Delhi airport in 2018

Gold worth over Rs 110 crore was seized from smugglers by customs officials at Delhi's Indira Gandhi International Airport during the last year, according to an official statement issued on January 2.

A total of 340 cases of gold smuggling, an increase of 58 percent as compared to the cases filed in 2017, were registered by the customs in 2018, it said.

In these, 402.48 kilograms of gold, valuing Rs 113.83 crore, were seized and 262 persons were arrested, the statement issued by the customs said.

There were 57 cases of smuggling of foreign currencies during the year, in which forex worth Rs 22.27 crore were seized. A total of 38 persons were arrested in these cases, it said.
In 2017, there were 215 cases of gold smuggling at the Delhi airport. The customs officials seized 242.5 kilograms of the yellow metal in these cases and arrested 143 people.

In 35 cases of forex smuggling during 2017, a total of 18 persons were arrested and foreign currencies worth Rs 10.75 crore were seized.
"A comparative analysis reveals that there was a 58 percent increase in the number of gold smuggling cases booked which resulted in a 65.90 percent increase in the quantity of smuggled gold seized," the Delhi customs said.
02/01/19 Moneycontrol
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