STOCK MARKET BSE NSE

Bid to Smuggle 8.3 kg Gold into TN Foiled

Published: 22nd January 2016 05:20 AM  |   Last Updated: 22nd January 2016 05:20 AM   |  A+A-

THANJAVUR:  Gold bars weighing 8.325 kg valued at `2.21 crore, allegedly smuggled into the country from Sri Lanka, were seized by the Directorate of Revenue Intelligence (DRI) officials near Valavanthankottai toll gate on Thanjavur - Tiruchy Highway on Thursday.

Based on a tip-off that gold bars were being smuggled from Sri Lanka to India by boat through the coastal villages of Nagappattinam district, the Chennai Zonal Unit of Directorate of Revenue Intelligence (CZU-DRI) gathered further intelligence information.

During early hours on Thursday, the DRI officers intercepted a car near Valavanthankottai toll gate and the two passengers in the car admitted to transporting smuggled gold. Later, the duo was brought to the office of the Assistant Commissioner of Central Excise, Thanjavur. They were identified as Sugendharan of Thanjavur and Bagyaraj of Singampunari.

Stay up to date on all the latest Tamil Nadu news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp