Close X
Wednesday, November 27, 2024
ADVT 
India

CBI chargesheets 7 for exporting gold jewellery from India under guise of fake exhibition

Darpan News Desk IANS, 14 Dec, 2023 03:15 PM
  • CBI chargesheets 7 for exporting gold jewellery from India under guise of fake exhibition

New Delhi, Dec 14 (IANS) The Central Bureau of Investigation on Thursday filed a chargesheet against seven accused including a Delhi based private company and its director, the then superintendent of customs and private persons for exporting gold jewellery from India under the guise of a fake exhibition organized by a UAE based firm.

The chargesheet was filed before the Special Judge, CBI Cases here against Its My Name Pvt Ltd, its director Rahul Gupta, Purnima Gupta, Amit Pal Singh, Gopal Gupta, Mohammad Nashruddin Khan and Vikram Bhasin.

The CBI had registered a case against Its My Name Pvt Ltd and its director and others including the then customs superintendent, private persons, unknown persons on a complaint from the customs department.

The CBI said that it was alleged that the accused exported gold jewellery from India under the guise of a fake exhibition organized by a UAE based firm controlled by Rahul Gupta the director of Its My Name Pvt Ltd.

The CBI said that it was also alleged that certificates of such exports were obtained by the accused private company from the Gem and Jewellery Export Promotion Council.

It was further alleged that the same jewellery was then brought back to India as unsold jewellery by submitting false declarations.

"The director of the said private company alongwith the assistance of his employees and dummy proprietor of (who was paid a monthly salary by the said director) and in connivance with said public servant misused the reimport provision by bringing into India gold jewellery and declaring as reimport(s) without obtaining required clearance," the CBI said.

The official said that searches were earlier conducted at the premises of the accused.

"It was found during investigation that the accused had misutilized Advance Authorisation Scheme and allegedly indulged in circular trading of gold by diverting the gold bullion to the grey market," the official said.

He said that the gold jewellery exported for exhibition purposes as per the declaration made to the customs department used to be re-imported to India by the accused private company or exported back to said private company based at Delhi by the UAE based firm as unsold jewellery.

It was further alleged that the UAE based firm used to file a customs declaration before the UAE customs in which the gold jewellery used to be declared for export to India by personal carriage through the accused for a very small quantity i.e, less than a kilogram and simultaneously declare export to other countries of gold jewellery consignments of large quantity i.e. around 50 kgs.

Flights were selected to India and other countries on the same day around the same time and from the same airport. It was also alleged that after emigration formalities at Dubai, gold jewellery in a bigger quantity was handed over to a person destined for India, the official said.

"One of the accused allegedly travelled around 100 times to Dubai from India during the period 2018-2019. During 2019, the said accused was intercepted at IGI Airport, Delhi and was allegedly found in illegal possession of about 50 kgs of gold jewellery," the official added.

MORE India ARTICLES

Man held at IGI airport with over 4 kgs of gold bars worth Rs 2 cr

Man held at IGI airport with over 4 kgs of gold bars worth Rs 2 cr
Sharing the details, a senior customs official said that on the basis of profiling, Customs officers at IGI Airport have seized gold bars weighing 4204 grams valued at Rs 2.24 crore brought by one Indian national from Bangkok.

Man held at IGI airport with over 4 kgs of gold bars worth Rs 2 cr

Death threats to PM, Yogi and to blast Mumbai hospital

Death threats to PM, Yogi and to blast Mumbai hospital
An anonymous person called up the Mumbai Police Control Room and allegedy issued death threats to Prime Minister Narendra Modi and Uttar Pradesh Chief Minister Yogi Adityanath, an official said here on Tuesday. The caller, who had dialled the police control number late on Monday night, also threatened to blow up the government-run Sir J. J. Hospital in Mumbai.  

Death threats to PM, Yogi and to blast Mumbai hospital

Technical glitch forces Air India Mumbai-NY flight to return from Iran airspace

Technical glitch forces Air India Mumbai-NY flight to return from Iran airspace
A technical glitch reportedly forced an Air India Mumbai-New York flight to return from Iranian airspace early on Tuesday morning, official sources said. The flight, AI-119, bound for JFK Airport in New York took off around 2.20 am and returned after a few hours.

Technical glitch forces Air India Mumbai-NY flight to return from Iran airspace

Punjab: Sugarcane farmers start indefinite protest over procurement price

Punjab: Sugarcane farmers start indefinite protest over procurement price
Hundreds of the protesters are sitting on the highway, waving farmer union flags and shouting slogans against the government. Several farmer unions under the banner of Samyukt Kisan Morcha have gathered for the protest. They have also blocked the highway, due to which the movement of the vehicular traffic has been hampered.

Punjab: Sugarcane farmers start indefinite protest over procurement price

Uttarakhand tunnel collapse: Rescue team to begin vertical drilling

Uttarakhand tunnel collapse: Rescue team to begin vertical drilling
Fresh pictures that emerged from the site of the Silkyara tunnel collapse in Uttarakhand showed that the 41 labourers trapped inside were mostly safe, an official said on Tuesday, adding that those engaged in the rescue operations will now try to drill the tunnel vertically to create an evacuation passage. Thick pipes have been brought to the Silkyara Tunnel by helicopter from Odisha and a large vertical drilling machine has been brought to create the evacuation passage.

Uttarakhand tunnel collapse: Rescue team to begin vertical drilling

More expressways, corridors planned in UP

More expressways, corridors planned in UP
The Uttar Pradesh government will develop more industrial corridors along with the five new expressways across the state. A fund of Rs 7,000 crore has been allocated for the development of these corridors.  

More expressways, corridors planned in UP