Friday, February 22, 2019

Gold Worth Rs 6.24 Crore Seized at Chennai Airport; 6 Held

Chennai: A total of 17.9 kg of gold worth Rs 6.24 crore has been seized and six people have been arrested in this connection, directorate of revenue intelligence officials said here Friday.
Acting on information that some foreign origin gold was being smuggled into the country, a search conducted on Thursday at the city airport yielded the precious metal, the officials said.
The gold was concealed in domestic appliances and gadgets by passengers, they said.
Also, a huge number of iPhones, smartwatches, USB chips, storage devices, camera lens and cigarettes worth Rs 1.1 crore were seized, a DRI press release said.
During the operation, Indian and foreign currencies valued at Rs 33 lakh were seized from the passengers who admitted that the sales proceeds would be remitted to them through hawala channels, the release said.
22/02/19 PTI/News18.com
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