Kannada actress Ranya Rao, arrested in the gold smuggling case from Dubai, confessed during her bail hearing that she had transferred money through hawala to buy gold. Advocate Madhu Rao, who appeared in the court on behalf of the Revenue Intelligence Directorate (DRI), said in his argument that the accused had informally admitted that financial transactions have been done.
Advocate Madhu Rao, who appeared in the court on behalf of the Revenue Intelligence Directorate (DRI), said in his argument that the accused had informally admitted that financial transactions have been done.
Officials have issued a notice under Section 108 to start a judicial inquiry into the case. Officials clarified that the proceedings are part of the judicial inquiry, not the police inquiry. The purpose of the investigation is to detect the limit of financial irregularities and any possible violations of the law.
Decision on bail application on 27th
According to the information, the debate on the bail plea of ​​the actress has been completed. After hearing the arguments of both the parties, the court has reserved its order till 27 March.
Ramchandra Rao will be sent on mandatory leave
Ramchandra Rao was sent on compulsory leave on 15 March. He is currently working as Managing Director of Karnataka State Police Housing and Infrastructure Development Corporation. The matter came to light when the Protocol officer, who helped Ranya Rao, told the investigators that he had done this under the special instructions of Ramchandra Rao.
Ranya Rao caught with 14 kg gold
Here, Ranya Rao was arrested on March 3 with 14.2 kg of gold at Bengaluru Airport, which is said to be Rs 12.56 crore. The matter is being investigated by the Revenue Intelligence Directorate. On Friday, the Directorate had told the special court that the investigation so far revealed a large case of gold smuggling.
A big syndicate behind gold smuggling!
Officials say that this operation included the state police protocol officer to ignore the security check. Apart from these, hawala transactions were being used to purchase gold between Indo-UAE, which is associated with a large syndicate.