Gold smugglers cause bomb scare at Karipur airport
Victoria Hewitt-Marsh, News Editor
12 May 2014, 10:20 a.m.
Karipur International Airport was put on red alert on Friday after the pilot reported an unidentified parcel in an airplane toilet. The pilot of the Air Arabia flight reported the unidentified package shortly before the plane touched down. After a 45 mins search by security personnel two 1kg gold bars were discovered.
Gold smuggling into India has soared four fold to a record 148 reported cases in 2013-2014 since the Indian government introduced the gold import tax in an attempt to reduce the country’s current account deficit. Gold smuggling into India has soared four fold to a record 148 reported cases in 2013-2014.
Indian finance minister, P Chidambaram, estimates that between 1,000 – 3,000 kilograms of gold are being smuggled into the country each month.