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DRI busts smuggling racket between India and Bangladesh, seizes more than 30 kg gold

Earlier in April, DRI seized 105 kg of the precious metal that was smuggled from Myanmar and Bangladesh.

kolkata Updated: May 17, 2017 23:55 IST
HT Correspondent
HT Correspondent
Hindustan Times
Smuggling of gold has been increasing from Bangladesh claims DRI officers.(HT Photo)

Directorate of Revenue Intelligence (DRI), Kolkata busted an international gold smuggling racket on Tuesday and seized in two separate operations more than 30 kg gold valued at Rs 8.79 crore . The gold was brought from Bangladesh to Kolkata. A total of five persons have been arrested.

The success came close on the heels of the same agency seizing 105 kg of gold this month. It was smuggled into India from Bangladesh and Myanmar. Also on January 28, DRI officers nabbed 41 kg of gold from a businessman in Kolkata. It was the largest for the agency from a single person in the state.

Read: DRI seizes 41 kgs gold worth Rs 12 Crore from a businessman in Kolkata

On Tuesday in one operation the agency officers arrested a person who runs a foreign exchange business and has a counter inside Karunamoyee bus stand, Salt Lake and seized 21.79 kg of the yellow metal valued at Rs 6.25 crore from him. He admitted to the DRI officers that the gold was smuggled into India from Bangladesh. They were carried in two buses that reached Kolkata from Dhaka through Petrapole border on April 25.

File picture of a Kolkata-Dhaka-Agartala bus service being flagged off. The Dhaka-Kolkata bus corridor seems to have become a favourite route for the smugglers of gold. ( HT Photo )

Two more consignments of gold were intercepted from two other buses coming to Kolkata by the same route. A total of 74 pieces of gold ‘biscuits’ weighing 8.62 kg valued at Rs 2.53 crore were found from these two vehicles.

Read: DRI to bring back stolen antiques smuggled to the US

Both were results of intelligence tip offs. DRI officers were told that gold will be arriving in two buses from Bangladesh to Kolkata. Officers boarded the two Kolkata-bound buses and questioned the driver of one bus and the driver and supervisor of another. They admitted that they were carrying three packets of smuggled gold in each bus.

The gold seized from the forex trader was in the form of 166 pieces of gold ‘biscuits’ and 1031.69 gms of jewellery and is valued at Rs. 6.25 crore, said a statement from the DRI.

First Published: Apr 27, 2017 12:17 IST