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India Seizures of Cash, Booze and Gold Surge

From bnnbloomberg.ca

India’s enforcement agencies have so far seized cash, liquor, drugs, gold and other contraband worth 25 billion rupees ($361 million) as the country’s polling gets underway, already double the value of goods seized in the entire 2014 elections. They’re confiscating as much as one billion rupees in cash and goods each day, as offenders use ambulances and other vehicles fitted with flashing lights to carry cash and give handouts in lunch boxes to lure voters. The Election Commission’s observers, surveillance teams and enforcement agencies are raiding airports, highways, railway stations, hotels and farm houses if ... (full story)

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  • Category: Fundamental Analysis