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Home News

German man arrested with 13kg of gold at Russian-Estonian border

kent-jackson by kent-jackson
August 27, 2024
in News
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German man arrested with 13kg of gold at Russian-Estonian border
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Russian Customs Detain German Man Smuggling Fine Gold

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Russian customs officials have detained a 58-year-old German man who was attempting to cross the border from Estonia into Russia with 13 kilograms of fine gold concealed in his caravan. The 21 gold bars, with a total value exceeding 90 million roubles ($980,000), were not declared by the man, according to Russian authorities.

Discovery of the Smuggling Attempt

The gold bars, which bore the hallmarks of a western company, were discovered during a search of the caravan and the man’s personal belongings. It remains unclear how the man had obtained such a large quantity of gold. The man has been placed under house arrest and now faces criminal charges for smuggling strategically important goods.

Potential Punishment and Assistance

If convicted, the man could be sentenced to up to five years in prison and fined up to 1 million roubles. The German Foreign Office in Berlin has confirmed awareness of the case and stated that the Consulate General in St Petersburg has offered assistance to the German man. Further details have not been disclosed.

Insight on Gold Imports and Sanctions

It is uncertain why the man wanted to import such a large quantity of gold without declaration. Importing gold into Russia is subject to a limit of €10,000 for duty-free imports. Additionally, the European Union has imposed sanctions on gold imports from Russia, along with other raw materials, in response to Russia’s invasion of Ukraine in 2022.

Recent Prisoner Exchange

In a separate incident, Moscow recently released several German citizens in a prisoner exchange at the beginning of the month. Among them was an individual who had been arrested at St Petersburg airport in February for carrying cannabis-containing gummy bears in his luggage.

Insight: Smuggling of Valuables in Russia

The case highlights the ongoing issue of foreign citizens in Russia attempting to clandestinely move their valuables out of the country, especially in the current geopolitical climate. With tensions rising due to the conflict in Ukraine, individuals may resort to smuggling to protect their assets.

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