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

Punjab fails to rein in drug abuse: Congress leader Bajwa

Punjab fails to rein in drug abuse: Congress leader Bajwa
The Leader of Opposition in Punjab, Partap Singh Bajwa, on Monday condemned the Aam Aadmi Party government in Punjab for its sheer inability to rein in the rapidly growing drug abuse in the state. “Under the 18-month regime of AAP, Punjab has been on the verge of becoming a drug capital of the country,” Bajwa said in a statement here.  

Punjab fails to rein in drug abuse: Congress leader Bajwa

Air India deploys SAOs at 16 major Indian airports for on-ground assistance

Air India deploys SAOs at 16 major Indian airports for on-ground assistance
This comes under Air India ‘Project Abhinandan’ aimed at providing personalised and hassle-free on-ground experience to its guests at airports. The officers will be deployed at Ahmedabad, Bengaluru, Calicut, Chennai, Delhi, Goa, Guwahati, Hyderabad, Kochi, Kolkata, Lucknow, Mumbai, Nagpur, Pune, Varanasi, and Visakhapatnam.

Air India deploys SAOs at 16 major Indian airports for on-ground assistance

Biden hails India's G20 presidency for delivering important outcomes, reaffirms support for India's candidature for UNSC non-permanent seat

Biden hails India's G20 presidency for delivering important outcomes, reaffirms support for India's candidature for UNSC non-permanent seat
Biden, who arrived in India on Friday evening to attend the G20 summit, which is scheduled to take place between September 9 and 10, along with Modi, reaffirmed the importance of the Quad in supporting a free, open, inclusive, and resilient Indo-Pacific. Modi looked forward to welcoming Biden to the next Quad Leaders’ Summit to be hosted by India in 2024, the statement said.

Biden hails India's G20 presidency for delivering important outcomes, reaffirms support for India's candidature for UNSC non-permanent seat

Punjab Police arrest three shooters of gangster Sonu Khatri

Punjab Police arrest three shooters of gangster Sonu Khatri
Director General of Police Gaurav Yadav has identified the arrested shooters as Sukhmanjot Singh, Jaskaran Singh and Jograj Singh. Police teams have also recovered three foreign-made sophisticated pistols of .32 bore from their possession, he added.

Punjab Police arrest three shooters of gangster Sonu Khatri

India or Bharat? A dinner invite sparks speculation as Modi's ministers push to rebrand the country

India or Bharat? A dinner invite sparks speculation as Modi's ministers push to rebrand the country
India is known by two names: India, used worldwide, and the Sanskrit and Hindi nomenclature of “Bharat.” Now, Modi’s government is signaling that Indians should shed the name India and instead call their country Bharat.

India or Bharat? A dinner invite sparks speculation as Modi's ministers push to rebrand the country

Security intensified in Delhi ahead of G20 Summit

Security intensified in Delhi ahead of G20 Summit
Security has been further intensified in the national capital ahead of the high-profile G20 Summit scheduled for this weekend, with the Delhi Police conducting flag marches, enhanced patrolling, and increased picket checking to ensure law and order in the city, an official said on Thursday. According to a senior police officer, daily flag marches are being conducted in each district of the city.

Security intensified in Delhi ahead of G20 Summit