Skip to content
  • Facebook
  • X
  • Linkedin
  • WhatsApp
  • YouTube
  • Associate Journalism
  • About Us
  • Privacy Policy
  • 033-46046046
  • editor@artifex.news
Artifex.News

Artifex.News

Stay Connected. Stay Informed.

  • Breaking News
  • World
  • Nation
  • Sports
  • Business
  • Science
  • Entertainment
  • Lifestyle
  • Toggle search form
  • How Far Can Justin Trudeau Go As Personal Electoral Gain Trumps Diplomatic Ties
    How Far Can Justin Trudeau Go As Personal Electoral Gain Trumps Diplomatic Ties Nation
  • Access Denied Sports
  • Forgotten India Pacer Umran Malik Handed Duleep Trophy Lifeline After Dengue Scare
    Forgotten India Pacer Umran Malik Handed Duleep Trophy Lifeline After Dengue Scare Sports
  • Access Denied
    Access Denied Nation
  • Access Denied Sports
  • “No Beds”, Former BJP MP’s Son Dies At Lucknow Hospital, Doctor Suspended
    “No Beds”, Former BJP MP’s Son Dies At Lucknow Hospital, Doctor Suspended Nation
  • Trump loyalist Kash Patel is confirmed as FBI director by the Senate despite deep Democratic doubts
    Trump loyalist Kash Patel is confirmed as FBI director by the Senate despite deep Democratic doubts World
  • Access Denied World
Gold Smuggling Racket Busted In Mumbai, 5 African Women Among 8 Arrested

Gold Smuggling Racket Busted In Mumbai, 5 African Women Among 8 Arrested

Posted on October 12, 2023 By admin


The five women were used as carriers of smuggled gold (File)

Mumbai:

Sales proceeds from smuggled gold worth Rs 3.62 crore as well as Rs 2.95 crore cash and 2.1 kilograms of gold were seized following a raid by the Directorate of Revenue Intelligence on a gold melting facility and a jewellery shop, an official said on Thursday. A DRI release said eight persons were arrested in this connection, including five women comprising four Kenyans and a Tanzanian who were used as carriers of the smuggled gold.

“Acting on specific intelligence, the DRI clandestinely searched the premises being used for melting smuggled gold followed by search at the premises of a jeweller who was the purchaser of the smuggled gold,” the release informed.

“During the searches, 2.1 of gold that was smuggled into India, USD 1 lakh amounting to Rs 84.15 lakh in Indian money, as well as Rs 2.32 crore cash, all of which are sale proceeds from smuggled gold, were seized from the melting facility and the jewellery shop in Mumbai,” the statement added.

The owner-cum-operator of the melting facility is a repeat offender who is wanted in other cases as well, it said.

A strict vigil by the DRI led to searches in two hotels from where the accused hailing from Africa ran their business, the release said.

“It resulted in the recovery of foreign currency of USD 3,31,600 valued at Rs.2,78,70,980, and Rs 63,07,500 cash. These are sale proceeds from smuggled gold. The probe found a nexus between the five African women and the owner cum operator of the melting facility to divert smuggled gold and receive cash in foreign and Indian currency,” it said.

The gold was collected by aggregators from various carriers, mostly Kenyan and Tanzanians, which was then passed on for melting and further sale to jewellers for cash, the statement said.

“The money so collected by the melter was paid back to the aggregators, who used to divide the money among the various carriers. This is a very significant bust of smuggling syndicates involving African nationals as carriers,” the statement said.

In April this year, another such syndicate, which used Sudanese nationals as carriers, was busted by the DRI. 

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



Source link

Nation Tags:Directorate of Revenue Intelligence, DRI, Gold Smuggling, Gold Smuggling Racket

Post navigation

Previous Post: Record-Setting US Cave Diver Dies During Underwater Expedition In Texas
Next Post: Indigo Flight Cancellations, Delays Affected 76,000 Passengers In September: Data

Related Posts

  • Access Denied
    Access Denied Nation
  • PM Modi After Inaugurating NaMo Bharat
    PM Modi After Inaugurating NaMo Bharat Nation
  • Access Denied
    Access Denied Nation
  • He Lost Wife In Tirupati Stampede. Found Out About Death From Viral Video
    He Lost Wife In Tirupati Stampede. Found Out About Death From Viral Video Nation
  • Access Denied
    Access Denied Nation
  • Access Denied
    Access Denied Nation

More Related Articles

Access Denied Access Denied Nation
Access Denied Access Denied Nation
32-Year-Old Man Dies After Fainting At Varanasi Gym 32-Year-Old Man Dies After Fainting At Varanasi Gym Nation
Access Denied Access Denied Nation
Ford Motor Explores Renewing 3-Decade Partnership With Tamil Nadu Ford Motor Explores Renewing 3-Decade Partnership With Tamil Nadu Nation
Delhi Man Poses As Crime Branch Officer, Arrested: Cops Delhi Man Poses As Crime Branch Officer, Arrested: Cops Nation
SiteLock

Archives

  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Business
  • Nation
  • Science
  • Sports
  • World

Recent Posts

  • The challenge to not breach the limit
  • Trump embarks on visit to China, focus on trade
  • Baltimore ship crash: U.S. slaps criminal cases against Singapore, Chennai firms and Indian national
  • Three arrested for smuggling banned tobacco products, over 112 kg seized
  • Two persons arrested for burglary in Tirupattur

Recent Comments

  1. Raymonddow on UP Teacher Who Asked Students To Slap Muslim Classmate
  2. Jeffreyroure on UP Teacher Who Asked Students To Slap Muslim Classmate
  3. AaronPrido on UP Teacher Who Asked Students To Slap Muslim Classmate
  4. AaronThymn on UP Teacher Who Asked Students To Slap Muslim Classmate
  5. Matthewerano on UP Teacher Who Asked Students To Slap Muslim Classmate
  • Access Denied Business
  • Access Denied Sports
  • Access Denied Business
  • Interim Budget 2024-2025 documents presented by FM Nirmala Sitharaman
    Interim Budget 2024-2025 documents presented by FM Nirmala Sitharaman Business
  • World Cup 2023: India, A solid Team But Middle-Order Confusion Persists
    World Cup 2023: India, A solid Team But Middle-Order Confusion Persists Sports
  • Iran warns airlines to avoid its airspace for three hours over military drills, Egypt says
    Iran warns airlines to avoid its airspace for three hours over military drills, Egypt says World
  • Rekha Gupta After Being Named Chief Minister
    Rekha Gupta After Being Named Chief Minister Nation
  • Access Denied Sports

Editor-in-Chief:
Mohammad Ariff,
MSW, MAJMC, BSW, DTL, CTS, CNM, CCR, CAL, RSL, ASOC.
editor@artifex.news

Associate Editors:
1. Zenellis R. Tuba,
zenelis@artifex.news
2. Haris Daniyel
daniyel@artifex.news

Photograher:
Rohan Das
rohan@artifex.news

Artifex.News offers Online Paid Internships to college students from India and Abroad. Interns will get a PRESS CARD and other online offers.
Send your CV (Subjectline: Paid Internship) to internship@artifex.news

Links:
Associate Journalism
About Us
Privacy Policy

News Links:
Breaking News
World
Nation
Sports
Business
Entertainment
Lifestyle

Registered Office:
72/A, Elliot Road, Kolkata - 700016
Tel: 033-22277777, 033-22172217
Email: office@artifex.news

Editorial Office / News Desk:
No. 13, Mezzanine Floor, Esplanade Metro Rail Station,
12 J. L. Nehru Road, Kolkata - 700069.
(Entry from Gate No. 5)
Tel: 033-46011099, 033-46046046
Email: editor@artifex.news

Copyright © 2023 Artifex.News Newsportal designed by Artifex Infotech.