Shree Ganesh Jewellery promoter arrested in multi-crore scam
Kolkata-based Shree Ganesh Jewellery House promoter Nilesh Parekh has been arrested for fraud in diversion of 1,705 kg of primary gold, the Directorate of Revenue Intelligence has said. The firm imported 35,746kg of duty-free gold between 2005-2015, but exported only 34,041kg of gold jewellery. The company was also accused of non-realisation of remittance on export of jewellery worth â¹7,500 crore.