January 07: Kerala High Court Backs SIT in Sabarimala Gold Probe
The High Court of Kerala expressed satisfaction with the Special Investigation Team’s progress in the Sabarimala gold theft probe and granted a six-week extension while VSSC tests continue. For Indian investors, this signals tougher governance expectations around custodianship of religious assets. We see rising compliance requirements for jewelers, logistics firms, security providers, appraisers, and insurers that touch temple-linked gold flows. This update helps investors assess reputational and regulatory risk across Kerala’s gold value chain and related service providers.
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