An Indian-American man was arrested at Delhi airport in India for carrying 115 gold bars on his person.
Golden Ten Data, May 17 — According to New Delhi Television, an Indian-American citizen arriving from the United States was arrested at Indira Gandhi International Airport (IGI) in Delhi for concealing 115 gold bars, with a total value of up to 55 million rupees (573,000 US dollars) and a total weight exceeding 3.5 kilograms, inside his trousers. The man arrived in Delhi from San Francisco on Friday. Previously, Indian customs officials received intelligence indicating that an international smuggling syndicate had recently been attempting to smuggle large quantities of gold into India. Based on this specific intelligence, customs authorities carried out special surveillance measures at the international arrivals hall of IGI Airport. Indian customs officials stated that since India raised its gold import tariffs, the number of gold smuggling cases has recently shown a sharp upward trend.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Simwon America (SWA.US) applies for Nasdaq IPO, plans to raise up to $50 million
Simwon America, a manufacturer of structural components for electric vehicles, filed for an IPO with the U.S. Securities and Exchange Commission (SEC) last Friday, aiming to raise up to $50 million. The company is a spinoff of Korea’s MS Autotech.
Sui Foundation Invests $30M in DATA Network as It Moves to Sui post-167040 post-167040 post-167040
Equities: Stable oil and yields support stock gains - Danske Bank
Dental caries treatment provider vVardis (VVVV.US) submits US IPO application, expected to raise 200 million USD
vVardis Holding filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) last Friday. The company focuses on self-developed non-invasive restorative therapies for the early treatment of dental caries. The IPO is expected to raise 200 millions USD.
Crypto prices
More
