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April 28, Friday 2017 3:47 PM       

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       Gold seized at airport
 
         Posted on :09:33:31 Apr 18, 2017
   
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       Last edited on:09:33:31 Apr 18, 2017
         Tags: gold, seized, airport
 

KOCHI: Customs Air Intelligence officials at the Nedumbassery airport on Monday foiled yet another attempt to smuggle gold and seized the yellow metal worth Rs 21 lakh from an international flier.

The passenger, who came from Dubai, was found carrying four pieces of rhodium-coated gold wires totally weighing 709.500 grams. He was intercepted at the exit gate of the international arrival hall and on examination, officials recovered gold wires that were kept as the metal beading of a trolley bag in his checked-in baggage.

Official sources pointed to a revival in the flow of black market bullion from abroad, with smugglers regrouping post-demonetisation. According to them, hawala networks have once again become active with new currency notes, which support cash-based gold smuggling.

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