16 kg gold missing from customs' vault, CBI registers case

Image
Press Trust of India New Delhi
Last Updated : May 24 2017 | 9:07 PM IST
About 16 kg of gold has been stolen from the vaults of the Customs Department at the Indira Gandhi International Airport here, prompting the CBI to register a case in this regard.
The theft of gold, valued at about Rs four crore, surfaced during inspection of vaults by Stock Taking Committee between January 9 to February 21 this year.
The agency has registered a case of theft against unidentified persons.
This case is in addition to over 38 kg of missing gold reported earlier in which the CBI has already registered FIRs.
The committee during its inspection this year found that about 15.9 kg of gold valued at approximately Rs four crore (as per present rates) was missing, the FIR alleged.
It is alleged that the gold was either stolen or replaced with non-valuable material in 23 case properties which were seized by the Customs Department over a period of years.
The department keeps gold seized by it in packets in its vaults. It was alleged that the precious material was replaced with non-valuable material by unknown persons.
A Stock Taking Committee was constituted to analyse valuable items held at customs godown at the airport which found that in a large number of cases the seized gold was missing or was replaced by non-valuable metal.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 24 2017 | 9:07 PM IST

Next Story