Mangaluru: Gold worth Rs 12 lac, concealed in form of washers, seized at airport

Daijiworld Media Network - Mangaluru

Mangaluru, Jul 12: The customs officers at Mangalore International Airport on Sunday July 12 seized gold worth over Rs 12 lac from a passenger.

The passenger has been identified as Mohammed Mogral, a resident of Mogral in Kumble, Kasargod.

The seized gold was concealed in the form of washers attached to the inner lining of a grey coloured stroller bag, which he had checked in.

The customs officers seized 464 grams of gold worth Rs 12,20,320.

Accused passenger Mohammed arrived at the airport by Air India flight number IX 816 from Abu Dhabi.

Further investigation is under progress.

Comment on this article

Akarshad, England
Mon, Jul 13 2015
Isko acha Kaam nahi atha hey kya Sab Beymani hey. smuggling , Peddling , Cow Mafia. shameful creatures

DisAgree [2] Agree [11] Reply Report Abuse
Rayan, Udupi
Mon, Jul 13 2015
Please just mention gold smuggling caught , automatically we will know its from Kasargod , no need to mention on the details.

DisAgree [2] Agree [15] Reply Report Abuse
Kishore, Kumta
Mon, Jul 13 2015
how many gold are seized in airport. is there any record ?? What the custom people will do this gold ??

DisAgree [2] Agree [19] Reply Report Abuse
Alex, Mangalore
Mon, Jul 13 2015
Dont think this gold goes to Indian government coffers.
Once the case is taken up by the Customs and Central Excise, a different department will go through this, and might take few years to close this case.
Depending on the court directive, it could be wholly confiscated, or returned with high penalty.
Together with penalties and court proceedings and underhand buttering, the value of the gold is just becomes zero for the smuggler.

DisAgree [1] Agree [3] Reply Report Abuse

Alex, Mangalore
Mon, Jul 13 2015
I dont understand the reason for such a risk to smuggle gold in.
The international rate of gold is 1165 dollar for 1 troy oz, which is Rs 74150 for 31.10 gms in 24 carat, a price of Rs 2385 per gm of 24, works to Rs 2186 per gm of 22 carat.
India rate is Rs 2600 per gm, effectively a margin of just 20% maximum.
It is better to keep money in bank and get that yield in 2 years than taking such a risk and losing all the money.
Or am I wrong somewhere?

DisAgree [2] Agree [40] Reply Report Abuse
santhosh, Mulky
Mon, Jul 13 2015
All smugglers are from Kasargod only ?? There is big chain link on this smuggling.Customs officers are catching some and they left so many i think so...

DisAgree [2] Agree [26] Reply Report Abuse
JK, Udupi
Sun, Jul 12 2015
Why are they taking chances through Mangalore airport?, is this depending on which officer on duty?.

DisAgree [4] Agree [28] Reply Report Abuse
HENRY MISQUITH, Bahrain
Sun, Jul 12 2015
No achche din for smugglers!
Lust for quick Money...!

DisAgree [8] Agree [26] Reply Report Abuse
HENRY MISQUITH, BAHRAIN
Sun, Jul 12 2015
Kasargodian rocks. Must notify his name in world records book.

DisAgree [4] Agree [16] Reply Report Abuse
Abdul khader,, Kasaragod
Mon, Jul 13 2015
thx, Henry

DisAgree [4] Agree [8] Reply Report Abuse