Kerala Gold Smuggling case: ED files prosecution plaint against Swapna, Sarith & Sandeep
By Newsmeter Network Published on 7 Oct 2020 1:08 PM GMT
Hyderabad: The Enforcement Directorate (ED) has filed a prosecution complaint in the Kerala Gold smuggling scam against Sarith P S, Swapna Prabha Suresh and Sandeep Nair.
The ED initiated investigation under money laundering based on the National Investigating Agency's FIR filed against Sarith P S, Swapna Prabha Suresh, Faisal Fareed and Sandeep Nair, under section 16, 17, 18 of the Unlawful Activities (Prevention) Act, 1967.
To recall , the Customs Commissionerate (Preventive), Cochin had registered a case relating to the seizure of 30 KG
or 24 Karat gold worth Rs. 14.82 crores at Trivandrum International Airport.
The said gold was camouflaged as diplomatic baggage to UAE Consulate, which has immunity from checking at airport as per Vienna convention.The above said consignment was to be received by the accused Sarith P.S, who had worked in UAE Consulate earlier as Public Relations Officer in complicity with Swapna Prabha Suresh, Sandeep Nair and others.
"Investigation revealed that all the above accused persons have indulged in criminal activities and huge amount of proceeds of crime have been generated. The three booked in the case are possessing/concealing/using such proceeds of crime and accordingly Prosecution Complaint under PMLA has been filed against them for punishing the accused in accordance with the law for the offence of Money Laundering" sleuths of ED said .
