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Chinese gangs implicated in India gold smuggling

by Shivom Seth, MineWeb.com

A Dubai based Chinese mafia appears to be playing a key role in gold smuggling incidents, especially in South India, customs officials in India say.

Over the last few months, customs officials at the Rajiv Gandhi international Airport in Hyderabad, have detained more than 50 passengers and recovered approximately 80 kilograms of gold. On April 1, about 7.70 kilogram of gold was seized from two passengers by the Directorate of revenue intelliegence sleuths, which was the first instance to alert the investigating team about the role of the neighbouring nation.

“Though it sounds incredulous, investigators have come across enough evidence to indicate that Chinese gangs are hiring operators in other countries and smuggling gold into Hyderabad, Kerala and other Indian cities,” said Kalyan Revella, Assistant Commissioner, Customs and Central Excise, at Hyderabad.

Read More @ MineWeb.com

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