103 kg of Gold goes missing from CBI custody in Tamil Nadu, HC orders probe

Dec12,2020 #CBI #GOLD

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About 103 Kg of gold is missing from CBI custody in Tamil Nadu. CBI Special Public Prosecutor asking for a probe the Madras High Court ordered the Tamil Nadu Police to probe the incident of 103 kg gold worth Rs 43 crore from the it’s custody.

Madras High Court asking the CB-CID to register an FIR said, “It may be an agni pariksha (trial by fire) for the CBI, but that cannot be helped. If their hands are clean, like Sita, they may come out brighter. If not, they would have to face the music.”

CBI Special Public Prosecutor asking for a probe by the CBI or National Investigation Agency instead of the state police, court said, “The court cannot subscribe to this view, because the law does not sanction such an inference. All policemen have to be trusted and it does not lie in the mouth of one to say that the CBI have special horns, whereas, the local police have only a tail.”

CBI had huge stock of seized the gold and CBI seized the gold in connection with cases dating back to 2012 filed over allegations that officials of Minerals and Metals Trading Corporation of India had shown undue favours towards Surana Corporation Limited an importer of gold and silver.

Around 400.47 kg of Gold in the form of bars and ornaments, was seized by the CBI from Surana Ltd coustody in Chennai. 

The CBI claims to have submitted the keys of the vault to a Special CBI Court in Chennai, though no date regarding this is mentioned in documents.

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