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Saturday,24-July-2021

Crime

DRI seizes 100 kg Gold Potassium Cyanide worth Rs 32 cr

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Gold

The Directorate of Revenue Intelligence (DRI) has seized a consignment of 100 kg of Gold Potassium Cyanide (GPC) worth Rs 32 crore at the Air Cargo Complex here. The consignment was being exported to Dubai by a Mumbai based firm.

Based on prior intelligence, the DRI seized the consignment on Sunday after they received inputs regarding export of huge amount of GPC to a Dubai based entity which is closely linked to the exporting firm at Mumbai. GPC is also known as Potassium Dicyanoaurate and its primary application is in the electrolytic gold plating of metals.

The GPC, attempted to be exported, was falsely declared to be the resultant product made from the duty-free import of gold that the Mumbai based firm was permitted to bring in as an input against an Advance Authorisation (AA) license.

“The Advance Authorisation Scheme is duty exemption Scheme, available under Chapter 4 of the Foreign Trade Policy (FTP) 2015-2020, where a manufacturer exporter or merchant exporter tied to supporting manufacturer can bring in duty free import of goods as inputs which are to be physically incorporated in export product,” mentions a DRI statement.

The Mumbai based exporter never manufactured any export products out of the duty-free inputs that it was permitted to import, said the statement, adding “Instead, it diverted the imported duty-free gold to the domestic market at a profit, by melting and recasting it.”

“This effectively, leads to the violation of the ‘actual user condition’ imposed under the Advance Authorisation Scheme.”

To fulfill its export obligations under the Advance Authorisation Scheme, the statement said that the Mumbai based exporter would procure the GPC from a connected firm based at Gandhinagar, inaccurately claiming it to be a resultant product made of the imported gold brought in duty free under the Advance Authorisation.

“The connected firm at Gandhinagar was otherwise in the business of Solar Power Energy Solutions, an EPC Company. The Gandhinagar firm, had imported this GPC, in the previous week from Indonesia by claiming benefits of the zero per cent duty concessions available under the ASEAN India Free Trade Agreement (AIFTA).”

Documentary and other evidences collected so far indicate that the GPC which was exported to Dubai, was moved again to Indonesia to be supplied back to Mumbai company through its linked concern at Gandhinagar, thereby demonstrating and establishing a deliberate and illicit cyclical sequence of supply of the same goods, it said.

The estimated duty evasion is Rs 338 crore, said the statement, adding two individuals, who were instrumental in controlling and operating this illicit scheme, were arrested on July 10 this year and have been sent to judicial custody till July 21.

“The matter is being further investigated.”

Crime

33-year-old man commits suicide in Gurugram

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Noose

A 33-year-old man allegedly committed suicide by hanging himself inside a private company’s premises in IMT Manesar Sector-2, Gurugram, on Saturday afternoon. However, no suicide note has been recovered. Manesar police have sent the body for autopsy and are probing the case.

The deceased has been identified as Pawan Kataria, a resident of Samalkha in Sonipat.

According to police the victim used to work in the company’s lab and was a permanent employee. His colleagues found his body inside the lab room and informed the police.

During a preliminary probe, the police have ruled out any foul play and said the exact cause of death would be known only after the autopsy report comes.

“Statements of family members and his colleagues were being recorded to ascertain the reasons behind the extreme step taken by the victimy,” Varun Singla, Deputy Commissioner of Police (Manesar), told IANS.

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Crime

Taliye village of Raigad devastated by landslide, population of 120 people, 49 dead, 47 missing

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WhatsApp Image 2021-07-24 at 1.03.20 PM

Heavy rains, floods and landslides have cause great damage in Maharashtra. So far 136 people have been confirmed dead in different different incidents. But the most painful accident happened in Taliye village of Mahad taluka of Raigad district, where 49 people have died. Here 12 people are still injured, while 47 others are said to be missing. See the scene in the pictures.. This incident of landslide happened in Raigad’s Taliye on Thursday evening. Relief and rescue work is on. Milind Gangwane, a resident here, said, ‘The disaster alert was not issued to the villagers by the government and the administration. Our small village has a population of 120 peoples only. The stone fell from a height of 100 feet from the mountain.

He also told that they were shifted to a safer place 4-5 days ago by the local administration but they returned when the rains subsided. Several people have died in separate incidents of floods and landslides in Raigad, Satara, Ratnagiri. At the same time, a resident of Taliye named Ankita told- My house was broken. This had never happened before. People had built new houses and took loans for the same. Everything is over. The opposition BJP accused the leaders of the ruling party and the administration of not taking action on time and not reaching even after 20 hours of the incident. At the same time, the NDRF team, which came from Mumbai via helicopter, had to return due to non-availability of landing place from the administration.

There is a red alert in Raigad, Konkan and Satara for the next two days. Kolhapur, Ratnagiri and Sindhudurg are on Orange Alert. River Panchganga in Kolhapur, Kajali and Muchkundi in Ratnagiri, Krishna river and Koyna dam as well as Vishishti river are still flowing above the danger mark. Maharashtra Chief Minister Uddhav Thackeray has announced interim assistance of Rs 5 lakh each to the families of the deceased in rain-related accidents. The central government will give Rs 2 lakh to the families of dead person and Rs 50,000 to the injured. Chief Minister Uddhav Thackeray took the look of the situation by reaching the emergency control room of Mantralaya.

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Crime

CBI raids multiple locations in Jammu and Kashmir gun license scam

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Gun. (File Photo: IANS)

The CBI on Saturday carried out raids at multiple places including the official residence of an IAS officer in Jammu and Kashmir in connection with the gun licences racket being investigated by the agency.

Official sources said the CBI carried out raids at 12 places in the Valley and 10 places outside in connection with the issuance of gun licenses racket being investigated by it.

Sources said CBI also raided the official residence of IAS officer, Shahid Iqbal Choudhary in Srinagar in addition to the office/factory of a gun manufacturer in Rainawari area of the city.

The gun licences issuance racket was transferred to the CBI after the J&K anti-corruption bureau (ACB) registered an FIR against the racket.

Last year, another IAS officer, Rajiv Ranjan and a senior J&K cadre officer, Itrat Hussain Rafique were arrested by the CBI in connection with the same investigation for misuse of their official position during their tenure as deputy commissioners in Kupwara district of the Valley.

This racket is believed to be India’s biggest gun licences racket in which thousands of gun licences were issued on monetary consideration even to people living outside J&K.

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