FEATURED STORY

Gold worth Sh100 million found at JKIA

Share
Share

The Kenya Revenue Authority (KRA) has intercepted gold worth Ksh100 million at the Jomo Kenyatta International Airport, Nairobi. The gold is alleged to have been in the custody of a 46-year-old Tanzanian man, who was seized by KRA Customs officers and a team of security agencies attached at the airport.

At least 32,255.50 grams of gold bars and an accompanying invoice of USD859,890, worth approximately Ksh100 million, were found in his possession.

The suspect was seized following intelligence alert; he had arrived at JKIA at 15:05hrs, on Friday 16th, February, aboard Precision Airlines from Mwanza via Kilimanjaro and was heading to Dubai aboard Kenya Airways.

A team from the Directorate of Criminal Investigation accompanied by Revenue Protection Service Officers from KRA’s Investigation and Enforcement Department, took statements from the suspect.

The transportation of gold is contrary to provisions of the East Africa Community, Customs Management Act 2004 Section 85(3) and Second Schedule Part B(4). This section of the law restricts the transiting of unwrought precious metals and precious stones across the region.

The gold bars are now under the custody of KRA, Customs and Border Control; investigations are being carried out to get to the details of the case. “KRA continues to put in more relentless measures and remains vigilant in stepping up the fight against smuggling at points of entry, said the commissioner for Customs and Border control.

SEE ALSO
> Cocaine found hidden in lady’s shoes at JKIA
> Brand yourself like this young man and get a job tomorrow
Written by
BT Correspondent -

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Samwel Mukami Makome
BUSINESSFEATURED STORYNEWSPERSON OF INTERESTREAL ESTATE

HF Group Plc Appoints Two New Directors to Its Board

HF (Housing Finance) Group, a listed real estate firm, has announced changes...

Edwin Dande CEO Cytonn Investments
BUSINESSNEWSREAL ESTATE

Cytonn Properties to be Auctioned Over KSh11 billion Owed to Investors

Cytonn Investments Properties, an outfit owned by one Edwin Dande, could finally...

CBK headquarters in Nairobi
FEATURED STORY

Central Bank of Kenya raises KSh 61 Bn for Budgetary Support in March

Central Bank of Kenya(CBK) accepted bids worth KSh60.9 billion at the March...

Metropolitan Sacco Members are unable to access loans due to the Society's financial problems
FEATURED STORY

SACCOs: Experts Recommend Setting up of a Deposit Protection Fund

SACCOs in Kenya might finally have a deposit protection fund(DPF) similar to...