Thursday 12 March 2015

Smugglers find channels to bypass gold import curbs












On Friday, members of the Armed Police Battalion at Dhaka’s Shahjalal Airport arrested one Mizanur Rahman Ripon, who had returned from Singapore with 400 g gold, besides other things.
The haul was worth over seven million takas. Earlier, on July 6, Customs had seized gold bars weighing 25.3 kg and worth around 90 million takas from the toilet of a Biman Bangladesh Airlines aircraft.

Last week, the Nepal Police seized 35 kg gold biscuits being smuggled from China. The seizure was done at Tatopani, one of the busiest trading points between Nepal and China located 120 km north of Kathmandu.

These consignments might well have been meant for India, given that local demand in these countries, according to traders, is negligible when compared with that in India.

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