DRI busts gold smuggling racket worth Rs 2,000 cr

A major gold smuggling racket that illegally brought around 7,000 kilograms of gold worth over Rs 2,000 crore from Myanmar to India in past over two years has been busted by Directorate of Revenue Intelligence (DRI). The syndicate was smuggling the gold through Indo-Myanmar land border and then bringing it to Delhi and other locations in domestic flights by declaring the yellow metal as valuable cargo, the DRI said in a press release issued on Monday. The case came to light when the officers of Delhi zonal unit of the agency seized 10 kg of gold at the domestic cargo terminal of IGI airport recently.