ED registers money laundering case over Kerala gold smuggling case

Kochi: Enforcement Directorate (ED) on Wednesday said that it has registered a money laundering complaint on the basis of National Investigation Agency’s (NIA) FIR in connection with the diplomatic baggage gold smuggling case in Kerala.

The officials of the central financial probe agency said that an Enforcement Case Information Report (ECIR) under Prevention of Money Laundering Act (PMLA), which is equivalent of a police FIR, has been registered following the NIA’s complaint in the case.

ED is the fourth agency which is investigating this gold smuggling case after, the Custom, Income Tax Department and NIA.

The diplomatic baggage gold smuggling case was recently taken over by the NIA.

A source in ED also said that its local officials would soon record statements of the arrested accused and the agency will probe if proceeds of crime were laundered by persons involved in the alleged gold smuggling racket.

The case emerged on July 5 when gold, weighing over 30 kg, was seized by the Customs department from the ‘diplomatic baggage’ which arrived by an air cargo at the Thiruvananthapuram international airport from the Gulf. The seized gold is stated to worth nearly Rs 15 crore.

The NIA had arrested the prime accused in the case, Swapna Suresh and her associate Sandeep Nair, from Bengaluru on July 11.

Hot this week

Could Oil Turn Somaliland into a Prosperous African Nation?

Key TakeawaysSomaliland's oil reserves hold the key to the...

35 pieces of Shraddha’s body

Love is a powerful emotion. Love inspires you to...

The ‘Thai’ Touch in India

Thai Massage Parlours in the most populous cities across...

‘Justice for Bhavyasri’ trends on social media, seeks fairness for 17-year-old

Key TakeawaysThe #JusticeForBhavyasri campaign gained momentum on social media...

The world is raving about Saudi Arabia’s rave party

I always thought that rave parties were the prerogative...

Church Bias Against Israel While Being Pro-Palestine

Key TakeawaysThe Bias Against Israel debate highlights tension between...

Next-Gen Chefs Will Be Robots

Key TakeawaysThe rise of robotic kitchens is turning kitchens...

Goa Needs a Desalination Plant Before Water Security Becomes a Crisis

Key TakeawaysThe tourism boom in Goa adds millions of...

BRICS 2026: India Must Ensure China Does Not Become the Voice of the Global South

Key TakeawaysIndia’s BRICS 2026 presidency seeks to prevent a...

Turkey’s Banking Gateway to Iran: How Oil Money Finds Its Way Back to Tehran

Key TakeawaysThe Golden Global Yatirim Bankasi acted as a...
spot_img

Related Articles

Popular Categories

spot_imgspot_img