Gold worth  Rs 1 bn seized from smugglers in 15 years

Gold worth around 1,028 million rupees had been seized from smugglers during the 15-year period, from 1994 to 2010, Parliament was told yesterday.

Deputy Finance and Planning Minister Geethanjana Gunawardena said that Gold worth around Rs 308 million had been seized while being smuggled into the country. A total stock of gold worth Rs 720 million had been taken into custody while being smuggled out of the country.

Responding to a question raised by UNP MP Dayasiri Jayasekera, the Deputy Minister said of the gold had been seized by the Baggage Division of the Sri Lanka Customs at the BIA international airport.

The government had earned a sum of Rs eight million from the guilty persons in the form of fines. (SI)

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