A DRI crew searched a melting facility in South Mumbai’s well-known Zhaveri Bazar and seized 9.31 Kg of gold in varied varieties together with foreign-origin gold and 16.66 Kg of silver on April 22. (Picture/News18)
The officers of DRI MZU additionally apprehended the melting facility operator and a recruiter (a key member of the syndicate) who organized for carriers and picked up the smuggled gold for onward processing
Based mostly on particular intelligence on the whereabouts of gold smuggled from Africa by Mumbai Worldwide Airport, a Directorate of Income Intelligence (DRI) crew searched a melting facility in South Mumbai’s well-known Zhaveri Bazar and seized 9.31 Kg of gold in varied varieties together with foreign-origin gold and 16.66 Kg of silver on April 22. The officers of DRI MZU additionally apprehended the melting facility operator and a recruiter (a key member of the syndicate) who organized for carriers and picked up the smuggled gold for onward processing.
The officers have been knowledgeable that gold smuggled from Africa by Mumbai Worldwide Airport was being processed at a melting facility in Zhaveri Bazar to take away the overseas markings earlier than being diverted to the native market.
On enquiry, it was revealed that the recruiter collects gold from many carriers from varied African Nationals, will get it processed and fingers it over to a purchaser positioned close by.
A follow-up search was performed on the workplace premises of the recruiter and USD 190000 was recovered which was given to him by the customer as an advance fee for smuggled gold. Concurrently, one other crew was dispatched to the workplace premises of the customer for a search. Nonetheless, the customer had fled earlier than the officers arrived. In the course of the search, 351 grams of minimize items of foreign-origin gold bars and 1818 grams of silver together with Rs. 1.92 Crores of money have been recovered and seized.
On additional enquiry, it was revealed that the African Nationals from whom the recruiter had collected the gold have been staying in 2 close by accommodations of Zahaveri Bazar.
Due to this fact, two groups have been dispatched and the 2 African Nationals who smuggled the gold and handed it over to the recruiter have been intercepted. All 4 individuals vis-a-vis the two carriers, the recruiter and the melter admitted to being concerned within the smuggling of gold into India and, therefore, have been arrested beneath the provisions of the Customs Act, 1962 and remanded to judicial custody.
On this operation, DRI seized 9.67 Kg smuggled gold, 18.48 Kg silver, Indian forex of Rs. 1.92 Cr and USD 190000, all value Rs 10.48 Crore.
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