Ministry of Finance
DRI seizes over 42 kg foreign-origin gold worth more than RS. 65 crore in crackdown on gold smuggling
PrelimsMainsGS3EconomySecurity
Source-grounded summary
The Directorate of Revenue Intelligence (DRI) conducted a series of intelligence-led operations across locations including Kolkata, Mumbai, and Kerala, seizing over 42 kg of foreign-origin gold and approximately 10 kg of silver valued at more than Rs. 65 crore. The operations resulted in the arrest of 25 individuals, including 5 foreign nationals. The seizures exposed various smuggling techniques, such as concealment in vehicle cavities, body concealment, exploitation of transit passengers, airport personnel collusion, and illicit transport through land and coastal routes.