Latest news with #Cofeposa)Act
Time of India
17-07-2025
- Time of India
Cofeposa upheld, no bail to Kannada actor Ranya Rao for one year
Bengaluru: The advisory board under the Directorate of Revenue Intelligence (DRI) has upheld the invocation of Conservation of Foreign Exchange and Prevention of Smuggling Activities (Cofeposa) Act against jailed Kannada actor Ranya Rao . The board Thursday issued directions not to allow Ranya to file a bail petition for one year from the date of her arrest as per provisions of Cofeposa Act. Following the directive, DRI conveyed the information to jail authorities. Earlier, Rao was granted bail by a special court. However, since the case was registered under a special law, she was not released from prison. You Can Also Check: Bengaluru AQI | Weather in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru Central Economic Intelligence Bureau (CEIB), a nodal agency under the ministry of finance, had invoked Cofeposa Act against the actor and other accused in the gold smuggling case, based on DRI's recommendation. As per the provisions of Cofeposa Act, she will have to remain in custody for up to one year. On May 20, the special court for economic offences granted conditional bail to Ranya and to second accused Tarun Raju. She had sought bail on grounds that DRI failed to submit a chargesheet within 60 days. Taking this into consideration, the court had granted bail. Taking cognisance of the development, the advisory board looked into the matter and upheld invoking of Special Act against Ranya. The actor was arrested on March 3 in connection with a gold smuggling case and has been in jail for the past four months. — IANS
Indian Express
17-07-2025
- Politics
- Indian Express
Bengaluru gold smuggling case: Ranya Rao sentenced to 1-year jail under Cofeposa Act, no bail allowed
The Advisory Board for the Conservation of Foreign Exchange and Prevention of Smuggling Activities (Cofeposa) Act has confirmed the Centre's April 22 detention order for Kannada actress Ranya Rao for a year in connection with the alleged Bengaluru gold smuggling case, and denied her bail for the duration of the jail term. Her detention was subject to confirmation by the Cofeposa Act Advisory Board. A source in the Directorate of Revenue Intelligence (DRI) confirmed that the Advisory Board's sentencing, and said a periodic review meeting would be held after three months. The imprisonment order is also applicable to businessman Sahil Sakariya Jain, 26, an alleged hawala dealer and associate of Rao, and Telugu actor Virat Konduru alias Tarun Konduru Raju, 36, a US passport holder. The Central Economic Intelligence Bureau under the Ministry of Finance issued the order for the detention of Ranya alias Harshavardini Ranya, 34, under the Cofeposa Act on April 22, at the request of the Directorate of Revenue Intelligence (DRI), and following multiple bail rejections by the Special Court for Economic Offences. The Cofeposa Act Advisory Board in Bengaluru, headed by Karnataka HC judge Justice K S Mudgal and comprising Justice E S Indiresh and Justice B S Shyam Prasad, recently confirmed the detention order of Ranya Rao and two others after arguments by counsels for the actress and officials of the Ministry of Finance. An order must be served on them by authorities regarding the confirmation of the Centre's detention order by the Advisory Board, sources said. Meanwhile, her bail plea is scheduled to come up in the Karnataka High Court next week. On May 12, Ranya Rao's mother, Rohini H P, challenged her daughter's detention under the Cofeposa Act by filing a habeas corpus plea in the Karnataka High Court. The high court has adjourned the hearings on her bail plea multiple times while awaiting the decision of the Advisory Board. The court is scheduled to hear the habeas corpus plea next week. Ranya Rao was granted default bail in the Customs Act case in which she was arrested in March this year. She has not paid the surety to avail herself of the bail due to her detention for a year under the Cofeposa Act. On March 3, DRI arrested Rao at the Bengaluru airport upon her arrival from Dubai, and recovered 14.2 kg of gold bars valued at more than Rs 12.56 crore from her possession. On March 9, DRI arrested Konduru. DRI failed to file a chargesheet within the stipulated timeframe, and she remained in custody due to ongoing proceedings under the Cofeposa Act, which allows for preventive detention of up to one year based solely on suspicion of violating foreign exchange and anti-smuggling laws. Investigation revealed Ranya Rao's suspicious travel pattern, having visited Dubai alone 34 times between 2023 and 2025. Subsequent raids at her residence uncovered gold jewellery worth Rs 2.06 crore and Rs 2.67 crore in cash, indicating the scale of the smuggling operation. Rao also faces charges under sections 135 and 104 of the Customs Act, with proceedings under Section 108 also underway. Her legal counsel has accused DRI of document manipulation, and argued that the offences are compoundable. Konduru was also denied bail in April. Although the court had granted default bail to both accused on procedural grounds, requiring two sureties each and a Rs 2 lakh bond, they were prohibited from leaving the country and warned against committing such offences again.
Indian Express
09-05-2025
- Indian Express
Kannada actress Ranya Rao seeks statutory bail in gold smuggling case at the end of 60-day DRI probe period
Kannada actress Ranya Rao, who was arrested in an alleged gold smuggling case in March, has moved court for statutory bail by citing that the Directorate of Revenue Intelligence (DRI) has not filed a charge sheet 60 days after her arrest. Ranya Rao, stepdaughter of senior Karnataka IPS officer Ramachandra Rao, filed an application before a special court for economic offences on May 5 under Section 187 (3) of the Bharatiya Nagarik Suraksha Sanhita that allows bail to an accused person at the end of the investigation period, which is 60 days in Customs Act cases. The DRI has not objected to the application for statutory bail by Rao, who was arrested at the Bengaluru International Airport on March 3, on her arrival from Dubai with 14.2 kg of gold worth ₹12.56 crore allegedly strapped on her body. The DRI has, however, indicated to the special court that investigations are still underway and a prosecution complaint would be filed in due course. It has also indicated to the court that the Central Government has invoked the Conservation of Foreign Exchange and Prevention of Smuggling Activities (Cofeposa) Act, 1974, against Ranya Rao and two associates to keep them under detention for a year. The special court has posted the plea for statutory bail for orders on May 12. Rao's associate and Telugu film actor Tarun Konduru Raju alias Virat Konduru, 36, was arrested on March 9, and Sahil Sakariya Jain, 26, the hawala dealer who helped the actors sell the smuggled gold, was arrested on March 26. The grant of statutory bail for Ranya Rao at the end of 60 days for investigations by the DRI will not impact the detention of the actor and her associates since they have been detained under the Cofeposa Act through an order passed by the Central Government in April, DRI sources said. Earlier, the Karnataka High Court, the sessions court, and the special court for economic offences had rejected the bail pleas filed by the two actors during the period of investigations by the DRI. \The DRI has indicated the role of a larger smuggling network during the bail proceedings of the actors. 'Unlike conventional crimes, which affect individuals or specific groups, economic offences have the potential to threaten the stability of the national economy. Economic offences are grave and they always pose a threat to the health of the economy of the country,' Justice Vishwajith Shetty of the Karnataka HC said in an April 26 order, rejecting the bail for the actors. The High Court pointed to the huge quantity of gold that has been allegedly smuggled – over 100 kg according to the DRI arguments in the HC, and the extension of government facilities like VIP protocols to Ranya Rao to reject bail. The DRI investigations after Rao's arrest revealed that she was allegedly assisted in passing the gold through Dubai customs by Tarun Konduru Raju by using his US citizen credentials, and that the smuggled gold was handed over to Sahil Jain in India for disposal. The DRI has claimed to have found evidence, through customs declarations and investigations of the accused, of 11 of 34 trips undertaken by the actors to Dubai in 2024-25 involving gold smuggling. The quantum of gold smuggled has been estimated to be over 100 kg by the DRI in arguments in the High Court. An order for the detention of Rao and her associates under the Cofeposa Act was issued by the Central Economic Intelligence Bureau of the Ministry of Finance on April 22 to prevent their involvement in further gold smuggling activities. The Cofeposa Act detention order effectively means that Rao, Konduru and Jain will remain in prison for up to a year, even if they are granted statutory bail at the end of the 60-day investigation period in Customs Act cases.
Time of India
25-04-2025
- Politics
- Time of India
Cofeposa invoked against Ranya,1-yr preventive detention likely
Bengaluru: The Union govt has invoked the stringent anti-smuggling law -- Conservation of Foreign Exchange and Prevention of Smuggling Activities (Cofeposa) Act, 1974 -- against actor Ranya Rao , daughter of senior IPS officer Ramchandra Rao, in alleged gold-smuggling case. The Act, invoked by the Union finance ministry, provides for one-year preventive detention . Rao, currently remanded in judicial custody and lodged in Bengaluru Central Prison, approached Karnataka high court seeking bail. Her bail petitions had been turned down by the special court for economic offences and the sessions court earlier. P Prasanna Kumar, special public prosecutor for NIA and CBI, confirmed there is no provision for granting bail under Cofeposa. "The Act is brought against persons who are clandestinely involved in smuggling activities which are of serious magnitude and are organised in nature. The preventive detention under Cofeposa is invoked for effective prevention of smuggling activities which would adversely affect the national economy and thereby cause a serious effect on the security of the country," Kumar said. He said Ranya will continue to remain in the existing judicial custody of Bengaluru Central Prison until the advisory board considers the case. If the advisory board upholds the order of preventive detention under Cofeposa, the detainee would remain in custody for a maximum period of one year. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Google Brain Co-Founder Andrew Ng, Recommends: Read These 5 Books And Turn Your Life Around Blinkist: Andrew Ng's Reading List Undo "A detainee can be confined up to one year without any trial in the court of law as there is no option for applying bail under Cofeposa. The only remedy available to the detainee is to give representations to the detaining authority, the government and the advisory board. Only they have the power to consider such representation and release him/her. However, the detainee or family members can challenge the order of detention in high court or Supreme Court," said Aruna Shyam M, Senior advocate and former additional advocate general, Karnataka. MSID:: 120621854 413 |
