Latest news with #BengaluruZonalUnit
News18
5 days ago
- News18
DRI Seizes Over 4 Kg Cocaine Worth Rs 40 Cr At Bengaluru Airport; One Arrested
Last Updated: The Bengaluru Zonal Unit of the Directorate of Revenue Intelligence (DRI) intercepted an Indian male passenger who had arrived from Doha on July 18. DRI officials seized more than 4 kg of cocaine valued at ₹40 crore at Bengaluru International Airport and arrested a passenger, the finance ministry said on Saturday. The Bengaluru Zonal Unit of the Directorate of Revenue Intelligence (DRI) intercepted an Indian male passenger who had arrived from Doha on July 18. The passenger was carrying two superhero comics/ magazines which were unusually heavy. The officers carefully recovered white powder concealed in coverside of magazines. 'The powder tested positive for cocaine. The recovered cocaine weighing 4,006 grams (over 4 kg) and having an international market value of around Rs 40 crore was seized under the provisions of the NDPS Act," the ministry said. The passenger was subsequently arrested under the provisions of the NDPS Act, 1985 and was remanded to judicial custody on July 18, 2025. view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Hindustan Times
5 days ago
- Hindustan Times
DRI seizes 4 kg cocaine worth ₹40 crore at Bengaluru airport; 1 arrested
Acting on specific intelligence, officers of the Directorate of Revenue Intelligence (DRI) Bengaluru Zonal Unit intercepted an Indian male passenger with over 4 kg of cocaine worth ₹40 crore. The recovered cocaine weighed 4,006 grams (over 4 kg) having an international market value of around ₹ 40 crore.(Representational Image) The accused, who arrived from Doha, was intercepted at Bengaluru International Airport in the early hours of Friday, according to a release from Ministry of Finance. Upon careful examination of his baggage, it was observed that the passenger was carrying two superhero comics/magazines, which were unusually heavy. The officers carefully recovered white powder concealed in the covers of the magazines, the release stated. The powder tested positive for cocaine. The recovered cocaine weighing 4,006 grams (over 4 kg) and having an international market value of around ₹40 crore was seized under the provisions of the NDPS Act. The passenger was subsequently arrested under the provisions of the NDPS Act, 1985 and was remanded to judicial custody on Friday. In a similar incident in March, DRI intercepted a passenger carrying foreign-origin gold bars valued at ₹12.56 crore at the Bengaluru airport. Acting on specific intelligence, DRI officers intercepted an Indian female passenger aged around 33 years who had arrived from Dubai to Bengaluru via Emirates flight on March 3, 2025. Upon examination, gold bars weighing 14.2 kg were found ingeniously concealed on the person. The contraband, valued at Rs. 12.56 Crore, was seized under the provisions of the Customs Act, 1962. Following the interception, DRI officers conducted a search at her residential premises located at Lavelle Road, Bengaluru where she resides with her husband. The search resulted in the seizure of gold jewelry worth ₹2.06 Crore and Indian currency amounting to ₹2.67 Crore.
NDTV
11-07-2025
- Business
- NDTV
Rs 266-Crore GST Invoice Scam Busted, Mastermind Arrested
Bengaluru: In a major crackdown on tax fraud, the Directorate General of GST Intelligence (DGGI), Bengaluru Zonal Unit, has unearthed a massive fake invoicing racket involving six shell companies. The operation, carried out across multiple premises in Delhi, revealed fraudulent invoices of Rs 266 crore and illegal input tax credit claims amounting to Rs 48 crore. One of the masterminds behind the fraud has been arrested. The investigation, which stems from an ongoing case initiated in Bengaluru, found that the shell companies had no actual business activity and were set up with the sole purpose of generating fake invoices and engaging in circular trading to inflate turnover. One of these companies had even been listed on the stock exchange. According to officials, four of the companies were found to have claimed receipt of goods and services worth hundreds of crores despite having no physical operations. The trail led investigators to a key figure, a chartered accountant who had also served as a statutory auditor and director in several of the implicated entities. The individual is believed to have orchestrated the transactions, manipulated the shareholding patterns, and maintained control over the operations behind the scenes. Searches conducted at multiple locations yielded crucial evidence, including original invoices, company seals, and other incriminating documents - many of which were found in possession of the arrested mastermind. A DGGI official stated, "This fraud not only involves large-scale tax evasion but also has serious implications for investors, particularly in the listed company associated with this scheme." The DGGI Bengaluru unit has now launched a full-scale investigation to identify further linkages and potential accomplices. With fraudulent input tax credit claims becoming a recurring tactic among shell entities and listed companies, the DGGI has also shared specific intelligence with the Securities and Exchange Board of India for regulatory action.
