Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs India

Customs busts gold smuggling syndicate, arrests passenger with Rs28.5m foreign currency

byCT Report
30/09/2016
in India, Latest News
Share on FacebookShare on Twitter

MUMBAI: Air Intelligence Unit (AIU) of Customs has arrested a passenger along with foreign currency equivalent to Rs 2.8 million while he was departing for Dubai from city airport on early Thursday. Officials suspects that the arrested carrier is part of gold smuggling syndicate and they are inquiring about other links. The accused told Customs that the money belonged to a Mumbai based jeweller who wanted to send the currency out illegally, to smuggle gold. The Customs officials conducted searches at premises of the jeweller, Girishbhai.

The Customs has officials intercepted the passenger, Sanjay Soni, on suspicion while he was departing for Dubai. They examined his checked in baggage and recovered 3 lakh US Dollars, 2.64 lakh Saudi Arabian Riyal, 2.07 lakh UAE Dirham, 260 Kuwaiti Dinar, 250 Bahrain Dinar, 215 Omani Riyal and 23,000 Qatar Riyal (collectively equivalent to Rs 2.8 millionIndian rupees). He had covered the currency with his clothes and kept it in a trolley bag. During interrogation Soni told officials that one Girishbhai had given him the money and told him to handover it to his contact in Dubai.

You might also like

Hyderabad Customs ramps up anti-smuggling drive, confiscates goods worth over Rs77m

24/06/2026

Govt borrows Rs4.9 trillion from banks despite rise in tax collections

24/06/2026

While explaining the modus-operandi, an official explain, jewellers smuggle gold in the country and make payment through hawala channels. Some time they enters into nexus with hawala operators, who imports goods in the country that attracts less duty after overpricing it. Then they send the money (goods payment) through legal channel. Another modus-operandi they adopts to send money through carries, like Soni. Officials stated that jewellers involved in gold smuggling has their counterparts in Dubai who collects cash and arranges gold in exchange. In another instance, the Customs booked Durga Purohit while she was departing for Dubai along with foreign currency worth Rs 13 lakh.

Related Stories

Hyderabad Customs ramps up anti-smuggling drive, confiscates goods worth over Rs77m

byCT Report
24/06/2026

HYDERABAD: Collectorate of Customs (Enforcement), Hyderabad, has significantly intensified its anti-smuggling campaign, conducting a series of successful intelligence-based operations that...

Govt borrows Rs4.9 trillion from banks despite rise in tax collections

byCT Report
24/06/2026

KARACHI: The federal government borrowed more than Rs. 4.9 trillion from commercial banks during the first eleven and a half...

FBR freezes bank accounts over Rs23.23b tax dispute

byCT Report
24/06/2026

LAHORE: The Federal Board of Revenue (FBR) has frozen the bank accounts of the Universal Service Fund (USF), a government-owned...

Govt abolished Super Tax for major export-oriented companies

byCT Report
24/06/2026

ISLAMABAD: The federal government has approved the complete abolition of Super Tax for companies whose export receipts account for more...

Next Post

Customs department loses Rs 500m as hackers log in

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.