Latest News | Unclaimed Gold Worth over 93 Lakh Seized at Amritsar Airport

Amritsar, Jan 4 (PTI) The Customs Department officials at Shri Guru Ramdas International Airport here have seized 1,499.50 grams of gold having a market value of over Rs 93 lakh.

On receiving specific information, the customs staff of the airport rummaged through a flight of a private airliner which had arrived from Sharjah, an official statement issued here on Thursday said.

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During rummaging of the aircraft, two gold bars having a gross weight of 1,508 grams were found wrapped inside tissue which was covered with black adhesive tape.

The net weight of total gold recovered is 1,499.50 grams, the statement said, adding that the market value of the recovered gold is Rs 93,71,875.

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The unclaimed gold was seized under the provisions of the Customs Act, 1962. Further investigation is under process, officials said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)