The Reserve Bank of India has brought 102 tonnes of gold from England to India under a secret mission on October 29. On this, Pakistani expert Qamar Cheema, while narrating an incident of partition, said that when Hindus and Sikhs left Pakistan, they came back with gold pressed in their homes. He told that later people found this gold in big pots and many such stories are famous in Pakistan even today.
Qamar Cheema told that he has heard many stories from his villagers that in the areas where Hindus and Sikhs lived, people found gold in abundance. He said, ‘When I often hear stories of partition from the people of my village, they tell me that people from everywhere in Pakistan migrated to India. When Hindus and Sikhs came out of Pakistan, there used to be gold under their houses and buildings.
Qamar Cheema said, ‘We heard that gold was kept inside big pots. Many people told that they found all these things and I have heard many such stories.
Regarding the 102 tonnes of gold brought from England, Pak expert Qamar Cheema said that the Reserve Bank of India had brought 102 tonnes of gold from Britain and India had kept it in the safe custody of the Bank of England. This was a secret mission, for which ships were chartered, security was foolproof, India changed its custom laws, changed income tax laws.
He said that the security measures for the mission were very high, there were specialized aircraft, there were security protocols. Even before this in May, RBI had brought 100 tonnes of gold. He said that it was said that India has done significant repatriation since 1990. Now it is being said that this gold has been stored inside India in Mumbai and Nagpur, where RBI has its assets.
Qamar Cheema further said that this was India’s biggest gold relocation exercise after 1990. India’s current gold reserve is 854.73 tonnes. 510 tonnes are lying domestically and 344 tonnes are lying overseas. Around Rs 350 was lying in the Bank of England.
Qamar Cheema further explained why India has stored so much gold in other countries. He said, ‘So much of India’s gold which was lying in other countries also has a story. Many countries keep their gold in other countries so that it can be used when international trading is to be done. Like there is England Centre, similarly there is Federal Reserve Bank of New York, Switzerland and many other places.
