Directorate of Revenue Intelligence (DRI) has arrested five foreign nationals for allegedly trying to smuggle out of India nearly half-a-million USD. foreign nationals were bound for Hong Kong. DRI, enforcement arm of Central Board of Indirect Tax and Customs (CBIC), on Wednesday, intercepted five passengers, all from Taiwan, at Terminal 3 of IGI Airport, y said. five foreign nationals were about to depart for Hong Kong.

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DRI and CBIC intercept foreign nationals

An examination of ir checked-in bagg resulted in recovery of USD 4,49,600 equivalent to Rs 3,25,51,040 which y were attempting to smuggle out of India, officials said. foreigners, who arrived at New Delhi from Hong Kong on August 25, confessed to be a part of a larger syndicate involved in smuggling of foreign origin gold into India and smuggling out of sale proceeds (foreign currency) out of India, y said. recovered USD was seized and five were arrested under provisions of Customs Act. accused were on Thursday produced by DRI before a court which sent m to judicial custody for 14 days, officials said.

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Smuggling surge by Foreign Nationals

According to DRI, in last three years, re has been a significant increase in number of persons belonging to organized smuggling gangs engd in smuggling of gold into India and foreign currency out of India. During financial year 2018-19, 210 foreign nationals were arrested for smuggling of gold into India and 35 foreign nationals were arrested for smuggling out foreign currency by DRI and Customs field formations, officials said.

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In current financial year 2019-20 (from April till June 2019), 61 foreign nationals were arrested in smuggling of gold and 18 foreign nationals were arrested in smuggling of foreign currency, y said. In financial year 2018-19, a quantum of 4,058 kgs of smuggled gold and foreign currency (mostly USD, Pound and Euro) equivalent to Rs 164 crore was seized by DRI and or Customs field formations, officials said, ding that in current financial year 2019-20 (till June 2019), about 1,198 kgs of smuggled gold has been seized by Customs.

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