Close X
Thursday, November 28, 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

PM Modi to interact with Asian Games contingent tomorrow

PM Modi to interact with Asian Games contingent tomorrow
Modi will interact with the athletes at around 4:30 p.m. on Tuesday (October 10) at Major Dhyan Chand Stadium, New Delhi. India won its highest-ever medals tally of 107 medals, including 28 gold medals in Asian Games 2022.

PM Modi to interact with Asian Games contingent tomorrow

India’s decision to stop visas for Canadians proving costly for Punjab: Akali Dal

India’s decision to stop visas for Canadians proving costly for Punjab: Akali Dal
India’s decision to stop visas for Canadian citizens - and Punjab Chief Minister Bhagwant Mann’s silence on the issue - is proving too costly for Punjabis and the decision is badly affecting lives of thousands of Punjabis and the state is heading for big economic crisis due to this decision, Akali Dal leader Bikram Majithia said on Monday. In a statement released here, Majithia said the decision to stop visas for Canadian citizens has come at a time when wedding season is about to start.

India’s decision to stop visas for Canadians proving costly for Punjab: Akali Dal

Take stand against construction of SYL canal: Punjab Congress to Guv

Take stand against construction of SYL canal: Punjab Congress to Guv
Punjab Pradesh Congress Committee chief Amarinder Singh Raja Warring and senior members of the party on Monday took part in a march to the Governor’s office to hand over a memorandum demanding that he take a stand for Punjab against the construction of the Satluj Yamuna Link canal. A huge number of supporters joined the march, coming forward to fight against any decision that would lead to the construction of the SYL canal.  

Take stand against construction of SYL canal: Punjab Congress to Guv

Niramala Sitharaman to attend World Bank-IMF, G20 meetings in Morocco

Niramala Sitharaman to attend World Bank-IMF, G20 meetings in Morocco
Finance Minister Nirmala Sitharaman will leave on October 10 for an official visit to attend the annual meetings of the World Bank Group and the International Monetary Fund (IMF), along with G20 meetings at Marrakech in Morocco. During the visit, the Finance Minister will also hold bilateral meetings with Indonesia, Morocco, Brazil, Switzerland, Germany and France, besides other associated meetings, scheduled to take place from October 11-15 in Marrakech.

Niramala Sitharaman to attend World Bank-IMF, G20 meetings in Morocco

BSP fields five more candidates in Rajasthan

BSP fields five more candidates in Rajasthan
The BSP in Rajasthan came out with a list of five more candidates for the forthcoming Assembly polls on Monday, a few hours after the Election Commission announced dates for elections in five states and the BJP announced its first list of 41 seats. BSP officials, this time, are being extra cautious as its six MLAs became turncoats and joined the Congress soon after winning in the past.

BSP fields five more candidates in Rajasthan

Sikkim Floods: Army undertakes massive operation to reconnect isolated villages

Sikkim Floods: Army undertakes massive operation to reconnect isolated villages
In Sikkim, troops of Trishakti Corps of the Indian Army are undertaking operations at a massive scale to reconnect villages cut off post the flash floods on the night of October 3-4. An Army official said that the focus of the operations are on restoring connectivity to North Sikkim through Chungthang, which was the worst affected during the devastating floods. 

Sikkim Floods: Army undertakes massive operation to reconnect isolated villages