Racket started unravelling with arrest of 2 men from Ladakh-China border carrying gold worth Rs 80 cr. Gold came from China via Tibet, was received in Ladakh, then moved to Delhi jewellers.
On Wednesday, BSF seized 20 gold biscuits worth Rs 2.31 crore from inside a bicycle’s tyre. The day before gold worth about Rs 2.43 cr confiscated at Laxmipur border outpost.
The agency raided 16 locations, including some tied to the Congress MLA, after investigators traced unaccounted funds linked to the gold smuggling network.
DRI is yet to determine how many times Rao travelled abroad & if she ‘misused’ protocol every time, it is learnt. She is the step-daughter of a senior Karnataka IPS officer.
Former Air Canada manager Simran Preet is said to be part of a nine-member gang suspected to be behind sensational $20 million gold heist from Toronto airport.
A well-oiled nexus of carriers, receivers, airline & airport personnel keeps the racket running. As import duties & gold prices increase, the smuggling market becomes more lucrative. Read ThePrint investigation.
The Indian govt has maintained a veil of silence in a sense to allow it to manoeuvre with the US, which is an increasingly important technological partner and supremely important for Indian exporters.
Other key promises in the budget include AI- and other technology-enabled services for farmers and continuation of the Ladki Bahin Yojana, which will have the same outlay.
IRIS Lavan was in the region for the International Fleet Review held last month and ‘sought urgent docking in Kochi citing technical issues,’ it is learnt.
Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.
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