April 27, 2025 2:36 PM

COFEPOSA invoked against actress Ranya Rao in Rs. 40 crore gold smuggling and hawala case

The Conservation of Foreign Exchange and Prevention of Smuggling Activities Act, 1974 (COFEPOSA), has been invoked against arrested Kannada actress Ranya Rao in connection with a gold smuggling case, sources confirmed on Friday. The Central Economic Intelligence Bureau (CEIB), a nodal agency under the Ministry of Finance, invoked the COFEPOSA Act against Ranya Rao and other accused individuals based on the recommendation of the Directorate of Revenue Intelligence (DRI), which is leading the inv...