Large scale Gold smuggling in Shamshabad Airport

B1DEBA19DCEB784253C663E7E5FATwo officers were detained at the Shamshabad international airport following large-scale smuggling of gold. The way bags and bags of gold was being smuggled into the historic city it seems that a gold mafia has been operating in Hyderabad. To transport such a big volume of contraband gold the support of officials is a must for even hardcore smugglers. A special team has been formed to catch smugglers as their activities have increased many fold as this year itself so far one quintal 28 kg gold was seized undoubtedly with the connivance of the officers at the airport.

At times large quantity of smuggled gold is left out at the airport without a claimant. People bring the yellow metal from Dubai and Malaysia at lower price and dispose it off in city. So this has turned out to be great trade for all including big fish. According to official data, traders were pocketing Rs 4 to Rs 5 lakhs per kg of gold which has given rise to smuggling. In the light of this a question arises as to how traders were showing accounts for such a huge import of gold. This apart, adroit smugglers escaping unscathed is said to be another mystery.

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