The banking regulator’s response followed a request by the Directorate of Revenue Intelligence (DRI), which sought RBI’s assistance in obtaining information from two state-owned banks on the alleged Rs 29,000-crore overvaluation of coal imports from Indonesia by Indian companies, including the Adani Group, ADAG and Essar Group among others.
Incidentally, the tribunal set aside the crucial order of the revenue department even though the two main accused in the case -- ABG Shipyard and its promoter -- have not appealed against the DRI order in the tribunal.
The DRI has alleged that the seized shark fins were being allegedly exported through a Mumbai-based proprietary firm, Global Impex Trading. Founded in 2008, it is a leading exporter of seafood items, said sources.
A senior DRI official told Chandigarh Newsline that acting on a prior input, a DRI team caught a person who was carrying gold with him. The passenger, sources said, was acting as a courier and had travelled to Bangkok last week. The gold was hidden inside his rectum.
The Directorate of Revenue Intelligence (DRI) has seized 24 pieces of ivory weighing about six kilograms collectively from two persons, including a contractual employee of the railways, near the Guwahati Railway Station.
Searches conducted at two container freight stations in Chennai revealed that 14 containers were imported from Dubai to Chennai Port in the name of M/s SAF Petroleum and M/s Aditya Marine and the goods were declared as Mineral Spirit.