Fake notes worth Rs7.5mn seized at Kozhikode airport

Kozhikode: Fake currency notes with a nominal value of Rs7.5mn were seized from a passenger at the Kozhikode International Airport yesterday.
Officials of the Directorate of Revenue Intelligence (DRI) arrested Mohamed Ansad, 24, who arrived on an RAK Airways flight from the emirate of Ras al-Khaimah in the United Arab Emirates with the fake notes.
Three men waiting at the airport to receive Ansad, a native of Thrissur, were also held. The notes of Rs1,000 and Rs500 denominations were concealed in Ansad’s bag.
In May this year, the DRI seized fake Indian rupee notes worth Rs2mn allegedly printed in Pakistan at the Kochi international airport in central Kerala. A passenger who arrived from Dubai was arrested as he handing over the bundles to two men. These suspects are believed to be linked to international gangs.
DRI officials say the printing technology and the paper used in the racket were so perfect that only experts could detect them and it was difficult to assess its level of penetration in the state.
Officials suspect that the fake currency may have found its way in large volumes into the real estate sector as well as into the hands of fundamentalist organisations.
17/08/08 Ashraf Padanna/Gulf Times, Qatar

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Categories: Airports Aug 2008, Foreign Aug 2008