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Gold smuggling in full flow: another couple nabbed with gold worth LKR 9.1 mn

The customs officials at Bandaranaike International Airport arrested a Sri Lankan couple today, when they were trying to smuggle out 2.35 kg of gold worth over LKR 9.1 million.The customs officials at Bandaranaike International Airport arrested a Sri Lankan couple today, when they were trying to smuggle out 2.35 kg of gold worth over LKR 9.1 million.

Assistant Customs Media Spokesman Vipula Minuwanpitiya said that the suspects were identified as traders hailing from Maradana. They were scheduled to board a flight to Mumbai this morning.

The Ministry of Finance recently imposed a 15% tax on its value on gold due to rising concerns of gold being smuggled out of the country after detecting a rapid spike in duty-free gold imports in recent months.

The Sri Lankan Navy apprehended three Sri Lankans who possessed gold worth over LKR 170 million at the Talaimannar coast on April 12. The suspects were attempting to smuggle 242 gold biscuits weighing 100 grams each to India by a boat.

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