The treasure, a considerable amount of gold ornaments and gems, is said to have been recovered from Bose's belongings following the fatal plane crash in Formosa (present-day Taiwan) that reportedly killed him, and taken to men of Azad Hind then living in Japan.
[1] The Indian government was made aware of a number of these individuals allegedly using part of the recovered treasure for personal use.
However, despite repeated warnings from Indian diplomats in Tokyo, Nehru is said to have disregarded allegations that men previously associated with Azad Hind misappropriated the funds for personal benefit.
[1] It is estimated that Netaji carried with him approximately 70 kg of treasures in four iron boxes while starting his final journey from Bangkok on 17 August 1945 morning.
The Japanese army salvaged around 16 kg of scattered treasures and later sent it to the Indian Independence League headquarters at Tokyo.