Sri Lanka Navy nabs two suspects attempting to smuggle 12 kg of gold

One kilogram gold bars are displayed for a photograph at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Wednesday, Jan. 13, 2016. Thailand's biggest buyer of gold will boost purchases by about 25 percent to 160 tons this year, said chief executive officer Pawan Nawawattanasub. Photographer: Dario Pignatelli/Bloomberg

Sri Lanka Navy has arrested two individuals in the Northern seas yesterday foiling an attempt to smuggle 12 kilograms of gold worth Rs. 70 million out of the country.

Based on information received by the Navy, a group of naval personnel attached to the North Central Naval Command, under the directives of its Area Commander, Rear Admiral Meril Wickramasinghe, nabbed the two suspects in a dinghy Sunday night in the sea area of Urumalei when they attempted to smuggle the 12 kg of gold to India via sea.

According to the Navy, the consignment of gold that is worth over Rs 70 million was in the form of 120 biscuits each weighing 100g. The dinghy used for the transportation of the consignment was also seized by the Navy.

The suspects, gold and dinghy were handed over to the Jaffna Provincial Customs Office for onward legal action.


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