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Police seize one quintal (100 kgs) of gold, silver


Police detained a person with one quintal (100 kgs) of illegal gold and silver on Monday.

The detainee has been identified as Poonam Agrawal of Rangeli-4, Morang. It has been reported that Agrawal was illegally conducting business by taking gold and silver as collateral with interest from public without taking permission from Commerce department, Internal Revenue Office, among other concerned sectors.

According to Area Police officer Madhav Prasad Kafle, Agrawal was found making investments worth million by taking collateral of gold and silver from general public. Meanwhile, another partner Mahabir Shyam is out of contact.

According to sources, the Agrawal family was making plan whether to export gold and silver to India or to keep it safely outside the house.

Following the arrests, the victims from Nepal and India had picketed the police station. It has been reported that Agrawal used to give fake receipt to the customers.



Posted on: 2013-04-30 09:40