UP perfume trader acquitted in gold bars case. Here’s why

UP perfume trader acquitted in gold bars case. Here’s why

Lucknow: Two years after central agencies seized 32 gold bars weighing about 23 kg along with Rs 196.57 crore cash from his premises, Kanpur-based perfume baron Peeyush Jain has been acquitted by a court in connection with the gold seized ahead of the Uttar Pradesh election. On 12 December last year, Jain moved an appeal … Read more

Gold smuggling racket busted, airline staffer among 6 held

Gold smuggling racket busted, airline staffer among 6 held

MUMBAI: The Directorate of Revenue Intelligence (DRI) has busted a gold smuggling racket and arrested six persons, including an employee of a private airline and two gold melters from Kalbadevi. The officials seized 7.5kg of gold dust, cash and silver coins with a total value of Rs 4.51 crore.The accused have been identified as airline … Read more