Having registered as exporters, the jewellers procured thousands of kilogrammes of imported duty-free gold bars from RBI nominated agencies, such as banks and government bodies, under the agreement that they would be used for manufacturing gold jewellery for export.
However, only 10% of the gold was used to manufacture jewellery and the rest was diverted into the open market by allegedly selling it in black.
Chennai Air Cargo Complex principal customs commissioner M Mathew Jolly, in his two detailed investigation reports in January 2023 and September 2024, alleged that the manufactured gold jewellery was misdeclared as 22 carat and exported with the collusion of a group of customs officers, who had accepted huge bribes for clearance.
Denne historien er fra October 07, 2024-utgaven av The New Indian Express.
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Denne historien er fra October 07, 2024-utgaven av The New Indian Express.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
When words overpower feeling
IN Viduthalai Part 2, a film that leans more on thought than emotion, more on words than feelings, my favourite portion is a brief, tender exchange between Perumal (Vijay Sethupathi) and Mahalakshmi (Manju Warrier).
Roars as an ascension story but mews as a moving drama
The story of a reluctant leader rising to power is always a charming idea. One of the most iconic animated characters, Mufasa, seems tailor-made for such an idea. However, Mufasa: The Lion King is hit-and-miss, lacking emotional depth.
MELODIES OF MEMORIES
A decade since his debut album, Kaber Vasuki recounts his journey, an artiste's role as a healer, and the need to be authentic
ADDRESSING THE PIGEON IN THE ROOM
JUST look outside your window.
The art of stories in motion
IN a world that's always in a hurry, we rarely stop to notice the stories in an old temple pillar, the quiet message in a painting, or the feelings tucked into a line of poetry. Art asks us to slow down, take a breath, and reconnect with the things that make us human. For Bharatanatyam exponent Lakshmi Ramaswamy, this is what her forthcoming performances aim to achieve.
BRIDGED BY MUSIC
The famed Kodambakkam overbridge and the Doraiswamy Subway that have carried loads of Carnatic rasikas towards RK Salai (Music Academy, Narada Gana Sabha, etc.) or T Nagar (Vani Mahal, Krishna Gana Sabha, etc.) for many years may feel relieved due to some unloading, thanks to SASTRA Satsangh's foray into the multi-dimensional space of Art & Culture.
Brison double helps Goa sink toppers Bagan
FC GOA extended their unbeaten streak to seven games with a 2-1 win over league leaders Mohun Bagan Super Giant in the Indian Super League at the Jawaharlal Nehru Stadium in Goa on Friday.
'HIL revival a big boost for youth'
THERE is something about PR Sreejesh. He is always ebullient, seems at peace with himself and more than anything, he is shrouded in an aura of positivity. Always cheerful and articulate, Sreejesh speaks his mind. During a short conversation, he felt that his stint as coach of the junior team had been fantastic.
Konstas in, McSweeney dropped
TEENAGE sensation Sam Konstas was handed a maiden call-up as Australia on Friday dropped rookie opener Nathan McSweeney for the final two Test matches of the Border-Gavaskar Trophy against India.
Odisha's tribal lifter Jyoshna shatters youth Asian record
JYOSHNA Sabar created a youth Asian record for total lift at the ongoing Asian Youth Weightlifting Championships in Doha on Friday.
