DRI sleuths seize gold biscuits worth Rs 3 cr in Nagaland

Devdiscourse News Desk| Aizawl | India

Updated: 01-12-2018 17:36 IST | Created: 01-12-2018 17:20 IST

A total of 68 gold biscuits valued at Rs 3.60 crore were seized in Nagaland's Kolasib district bordering Assam on Saturday, official sources said.

The Directorate of Revenue Intelligence (DRI) officials also arrested a 24-year-old man Kawnpui town on the charge of smuggling the gold biscuits weighing over 11 kg.

The contraband was worth around Rs 3.60 crore in Indian market and reportedly smuggled from Myanmar, the sources said.

Mizoram has become one of the main conduits of gold smuggling from Myanmar since 2015, the sources said adding that earlier it was Moreh in Manipur, the sources said.

(With inputs from agencies.)

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Conservation of Foreign Exchange and Prevention of Smuggling Activities Act- 1974DRIgold biscuitsIndian marketInfinityMarket valueNational Newsofficial sourcesyear-old man Kawnpui towncontrabandmain conduits of goldCroreMZ-GOLDSharePTI Newsbordering AssamMyanmarValue100 Crore Club

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