Purity of seized gold 99.9 percent

Kathmandu: The purity of the gold brought by smugglers from Hong Kong concealing the brake shoe of the motorcycle is 99.9 percent.

The gold kept at the Department of Mint, Nepal Rastra Bank (NRB) was tested for its purity and it was found to be 99.9 percent, said NRB assistant spokesperson Dr Dilliram Pokharel. ‘A purity of 99.9 percent means the gold is completely pure,’ he said.

The Department of Mint has already sent the report on examination of the confiscated gold’s purity to the bodies concerned including the NRB and the Department of Revenue Investigation (DRI). DRI Director-General Nawaraj Dhungana said they have received the information that the gold is fully pure.

It is stated in the report that the gold is of 24 carats standard. The confiscated gold was melted and formed into gold biscuits on August 15 and it weighed 60.716 kilos.

The task of extracting gold from the brake shoe was done on August 14 and it weighed 60.789 kilos. The weight of the gold decreased by 73 grams after melting it.

The DRI on July 19 confiscated 155 kilos of brake shoes with gold from in front of the Customs Office at Sinamangal. Presently, Nepal Police, Central Investigation Bureau (CIB) have been investigating the gold smuggling scam.

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