Man held with Rs 60 lakh at Sanganer airport

Jaipur: The directorate of revenue intelligence (DRI) on Monday arrested a man for trying to smuggle Rs 60 lakh cash to Sharjah through Sanganer international airport in Jaipur. Officials also seized foreign currency worth Rs 10-lakh from the accused, identified as Gauri Shankar.
The man was about to board an Air Arabia flight when he was detained. The accused managed to enter the airport terminal with such a huge amount without being noticed by the authorities.
According to sources, the DRI sleuths were acting on a tip-off. "Gauri Shankar, who hails from Navalgarh in Jhunjhunu district, was smuggling the currency to Sharjah," said an officer at the airport. Indian currency is in demand in UAE and many Indians living there exchange Indian currencies for foreign currency, he said."When they are back, they exchange the currency. The profits in such exchanges can be 250-350 dhirhams per Rs one lakh," he added. The officer also did not rule out the possibility of the currency being smuggled for hawala transactions.
11/05/10 Times of India

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Categories: Airports May 2010, Foreign May 2010