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 Latest News

Saudi Customs halt over $16,000 worth of gold being smuggled

byCT Report
08/12/2016
in Latest News
Share on FacebookShare on Twitter

RIYADH: The customs’ department at Saudi Arabia’s King Fahd International Airport (KFIA) in Dammam thwarted an attempt to smuggle 3.599 kilograms of gold. Yousef Al-Zakan, customs chief at KFIA, said a passenger who arrived in Saudi Arabia was trying to smuggle gold hidden inside the socks and underwear which he was wearing, adding that some of the gold was wrapped in a medical corset. According to Zakan, appropriate legal measures have been taken against the perpetrator who wanted to evade paying the customs’ fee for the amount of gold he was carrying.

Zakan added that Article 16 of the anti-money laundering system stipulates that all passengers – whether arriving in the kingdom or departing it – must declare the amounts of cash they have and also declare all precious metals, be it gold or jewelry, if their price exceeds $16,000. He also said that to declare them, passengers must fill information at the customs’ department, adding that not declaring these items or cash will subject one to legal accountability.

You might also like

Amid Hormuz instability, attention shifts to Pakistan’s Gwadar port

25/07/2026

Pakistan-Libya trade has potential to exceed $1bn, claims LCCI President Saigol

25/07/2026
Tags: 000 worth of gold being smuggledSaudi Customs halt over $16

Related Stories

Amid Hormuz instability, attention shifts to Pakistan’s Gwadar port

byCT Report
25/07/2026

GWADAR: Iran has closed and reopened the Strait of Hormuz several times since the US-Iran war began in February. When...

Pakistan-Libya trade has potential to exceed $1bn, claims LCCI President Saigol

byCT Report
25/07/2026

LAHORE: Lahore Chamber of Commerce and Industry hosted a seminar titled “Enhancing Pakistan-Libya Trade and Economic Cooperation”, attended by Major...

SBP foreign exchange reserves increase by $33m

byCT Report
25/07/2026

KARACHI: Pakistan’s foreign exchange reserves recorded a modest increase during the week ended July 17, 2026, according to the latest...

New Finance Act rule forces businesses to get FBR-verified invoice numbers

byCT Report
25/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) will require taxpayers to issue a verifiable and unique invoice number for every...

Next Post

Port Taranaki to get $12 mln new tug boat in 2018

  • 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.