TOPNepal gold haul was its biggest ever

Nepal gold haul was its biggest ever

By admin


By admin

Nepal police Wednesday seized 35 kg of gold being smuggled from China to India, the largest haul ever by authorities.

Police discovered the 35 gold bars in a container truck at Tatopani, one of the busiest trading points between Nepal and China, located 120km north of the capital Kathmandu.

The shipment is believed to be worth $2 million on the black market and was bound for India, where demand for the precious metal is soaring.

Authorities said they trailed the truck following a tip off.

“We followed the vehicle from the Tibetan border for several hours and seized the gold which was hidden inside a container,” superintendent Uttam Kumar Karkee told AFP. Three suspects were arrested.

The seizure on Wednesday was the biggest ever by police in Nepal in an increasingly lucrative cross-border smuggling racket, authorities said.

Last month, police seized 16 kg of gold in Kathmandu from neighboring Tibet.

“We have found that a huge amount of gold is smuggled from Tibet to India via Nepal,” Nepal Police spokesman Nawaraj Silwal said.